PPP Loan information for Mechanical brothers, llc

$176,685

Mechanical brothers, llc was initially approved for PPP Loan of amount $176,685, the current approved amount is $176,685. The loan was approved on 04/15/2020 by The State Bank of Cold Spring reported 15 jobs and $176,685 was used to fund payroll.

Mechanical brothers, llc is Existing or more than 2 years old

MECHANICAL BROTHERS, LLC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MECHANICAL BROTHERS, LLC

Borrower Address

508 1ST ST SE

Borrower City

AVON

Borrower State

MN

Borrower Zip

56310-9515

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176685.00

Current Approval Amount

176685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36745

Servicing Lender Name

State Bank of Cold Spring

Servicing Lender Address

401 Main St

Servicing Lender City

COLD SPRING

Servicing Lender State

MN

Servicing Lender Zip

56320-2323

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AVON

Project County Name

STEARNS

Project State

MN

Project Zip

56310-9515

CD

MN-07

Jobs Reported

15

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

176685.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36745

Originating Lender

State Bank of Cold Spring

Originating Lender City

COLD SPRING

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

177956.15

Forgiveness Date

12/31/2020

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