PPP Loan information for Federal mechanical contractors inc

$109,534

Federal mechanical contractors inc was initially approved for PPP Loan of amount $109,534, the current approved amount is $109,534. The loan was approved on 02/07/2021 by The The Peoples Bank reported 12 jobs and $109,534 was used to fund payroll.

Federal mechanical contractors inc is Existing or more than 2 years old

FEDERAL MECHANICAL CONTRACTORS INC

Date Approved

02/07/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

FEDERAL MECHANICAL CONTRACTORS INC

Borrower Address

229 Hillview Ave

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720-2204

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109533.85

Current Approval Amount

109533.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30507

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

100 Spring Ave

Servicing Lender City

CHESTERTOWN

Servicing Lender State

MD

Servicing Lender Zip

21620-1343

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-2204

CD

DE-

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

109531.85

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

30507

Originating Lender

The Peoples Bank

Originating Lender City

CHESTERTOWN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110122.03

Forgiveness Date

09/01/2021

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