PPP Loan information for American mechanical & electronic service inc.

$50,703

American mechanical & electronic service inc. was initially approved for PPP Loan of amount $50,703, the current approved amount is $50,703. The loan was approved on 04/15/2020 by The Cadence Bank reported 6 jobs and $50,703 was used to fund payroll.

American mechanical & electronic service inc. is New Business or 2 years or less

PPP Loan Search / AL / LACEY'S SPRING / American mechanical & electronic service inc.

AMERICAN MECHANICAL & ELECTRONIC SERVICE INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AMERICAN MECHANICAL & ELECTRONIC SERVICE INC.

Borrower Address

9172 HIGHWAY 36 EAST

Borrower City

LACEY'S SPRING

Borrower State

AL

Borrower Zip

35754

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50702.50

Current Approval Amount

50702.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LACEY'S SPRING

Project County Name

MORGAN

Project State

AL

Project Zip

35754-0001

CD

AL-05

Jobs Reported

6

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50702.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51181.36

Forgiveness Date

04/01/2021

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