PPP Loan information for Mechanical contractors inc.

$722,309

Mechanical contractors inc. was initially approved for PPP Loan of amount $722,309, the current approved amount is $722,309. The loan was approved on 04/09/2020 by The Sterling State Bank reported 43 jobs and $722,309 was used to fund payroll.

Mechanical contractors inc. is Existing or more than 2 years old

PPP Loan Search / MN / PRIOR LAKE / Mechanical contractors inc.

MECHANICAL CONTRACTORS INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MECHANICAL CONTRACTORS INC.

Borrower Address

4131 GRAINWOOD CIR NE

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-1740

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

722309.00

Current Approval Amount

722309.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-1740

CD

MN-02

Jobs Reported

43

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

722309.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

728007.22

Forgiveness Date

01/20/2021

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