PPP Loan information for Mechamatic, inc

$47,600

Mechamatic, inc was initially approved for PPP Loan of amount $47,600, the current approved amount is $47,600. The loan was approved on 04/13/2020 by The The First National Bank and Trust Co, Chickasha, Oklahoma reported 4 jobs and $47,600 was used to fund payroll.

Mechamatic, inc is Existing or more than 2 years old

MECHAMATIC, INC

Date Approved

04/13/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MECHAMATIC, INC

Borrower Address

5300 COUNTY STREET 2943

Borrower City

TUTTLE

Borrower State

OK

Borrower Zip

73089-3145

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47600.00

Current Approval Amount

47600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58841

Servicing Lender Name

The First National Bank and Trust Co, Chickasha, Oklahoma

Servicing Lender Address

302 Chickasha Ave

Servicing Lender City

CHICKASHA

Servicing Lender State

OK

Servicing Lender Zip

73018-2653

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUTTLE

Project County Name

GRADY

Project State

OK

Project Zip

73089-3145

CD

OK-04

Jobs Reported

4

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47600.00

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

Subchapter S Corporation

Originating Lender Location Id

58841

Originating Lender

The First National Bank and Trust Co, Chickasha, Oklahoma

Originating Lender City

CHICKASHA

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47976.83

Forgiveness Date

01/27/2021

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