PPP Loan information for Map mechanical contractors inc

$1,785,000

Map mechanical contractors inc was initially approved for PPP Loan of amount $1,785,000, the current approved amount is $1,785,000. The loan was approved on 04/06/2020 by The Isabella Bank reported 158 jobs and $1,785,000 was used to fund payroll.

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

MAP MECHANICAL CONTRACTORS INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAP MECHANICAL CONTRACTORS INC

Borrower Address

2600 N West River

Borrower City

SANFORD

Borrower State

MI

Borrower Zip

48657-0001

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1785000.00

Current Approval Amount

1785000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

MIDLAND

Project State

MI

Project Zip

48657-0001

CD

MI-04

Jobs Reported

158

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

1461600.00

Mortgage Interest Proceed

6600.00

Rent Proceed

8400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

284000.00

Debt Interest Proceed

4400

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1801187.26

Forgiveness Date

03/11/2021

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