PPP Loan information for Mechanical test & balance inc

$473,157

Mechanical test & balance inc was initially approved for PPP Loan of amount $473,157, the current approved amount is $473,157. The loan was approved on 04/08/2020 by The Tech CU reported 25 jobs and $473,157 was used to fund payroll.

Mechanical test & balance inc is Existing or more than 2 years old

MECHANICAL TEST & BALANCE INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MECHANICAL TEST & BALANCE INC

Borrower Address

1416 E Joliet St

Borrower City

CROWN POINT

Borrower State

IN

Borrower Zip

46307-4724

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473157.00

Current Approval Amount

473157.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96781

Servicing Lender Name

Tech CU

Servicing Lender Address

10951 Broadway St

Servicing Lender City

CROWN POINT

Servicing Lender State

IN

Servicing Lender Zip

46307-7312

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROWN POINT

Project County Name

LAKE

Project State

IN

Project Zip

46307-4724

CD

IN-01

Jobs Reported

25

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

473157.00

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

Corporation

Originating Lender Location Id

96781

Originating Lender

Tech CU

Originating Lender City

CROWN POINT

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

476127.37

Forgiveness Date

11/23/2020

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