PPP Loan information for Duncan mechanical inc

$121,708

Duncan mechanical inc was initially approved for PPP Loan of amount $121,708, the current approved amount is $121,708. The loan was approved on 04/11/2020 by The Mountain Commerce Bank reported 12 jobs and $121,708 was used to fund payroll.

Duncan mechanical inc is Existing or more than 2 years old

DUNCAN MECHANICAL INC

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DUNCAN MECHANICAL INC

Borrower Address

507 JONESBOROUGH RD

Borrower City

ERWIN

Borrower State

TN

Borrower Zip

37650-4019

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121707.50

Current Approval Amount

121707.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERWIN

Project County Name

UNICOI

Project State

TN

Project Zip

37650-4019

CD

TN-01

Jobs Reported

12

NAICS Code

237990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121707.50

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122971.91

Forgiveness Date

04/23/2021

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