PPP Loan information for Custom mechanical construction

$1,853,328

Custom mechanical construction was initially approved for PPP Loan of amount $1,853,328, the current approved amount is $1,853,328. The loan was approved on 03/23/2021 by The Banterra Bank reported 46 jobs and $1,853,328 was used to fund payroll.

Custom mechanical construction is Existing or more than 2 years old

CUSTOM MECHANICAL CONSTRUCTION

Date Approved

03/23/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CUSTOM MECHANICAL CONSTRUCTION

Borrower Address

1609 Allens Ln 1609 Allens Ln

Borrower City

Evansville

Borrower State

IN

Borrower Zip

47710-3372

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1853328.40

Current Approval Amount

1853328.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21882

Servicing Lender Name

Banterra Bank

Servicing Lender Address

3201 Banterra Dr

Servicing Lender City

MARION

Servicing Lender State

IL

Servicing Lender Zip

62959-6381

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Evansville

Project County Name

VANDERBURGH

Project State

IN

Project Zip

47710-3372

CD

IN-08

Jobs Reported

46

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1853324.40

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

21882

Originating Lender

Banterra Bank

Originating Lender City

MARION

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1867494.94

Forgiveness Date

01/03/2022

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