PPP Loan information for Professional mechanical incorporated

$502,084

Professional mechanical incorporated was initially approved for PPP Loan of amount $502,084, the current approved amount is $502,084. The loan was approved on 02/05/2021 by The Umpqua Bank reported 16 jobs and $502,084 was used to fund payroll.

Professional mechanical incorporated is Existing or more than 2 years old

PROFESSIONAL MECHANICAL INCORPORATED

Date Approved

02/05/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

PROFESSIONAL MECHANICAL INCORPORATED

Borrower Address

1240 E Grant St

Borrower City

Lebanon

Borrower State

OR

Borrower Zip

97355-9401

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

502084.00

Current Approval Amount

502084.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lebanon

Project County Name

LINN

Project State

OR

Project Zip

97355-9401

CD

OR-05

Jobs Reported

16

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

502082.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505605.47

Forgiveness Date

10/26/2021

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