PPP Loan information for Mechanical concepts inc

$172,217

Mechanical concepts inc was initially approved for PPP Loan of amount $242,625, the current approved amount is $172,217. The loan was approved on 04/12/2020 by The Eastern Bank reported 14 jobs and $172,217 was used to fund payroll.

Mechanical concepts inc is Unanswered

PPP Loan Search / NH / CANDIA / Mechanical concepts inc

MECHANICAL CONCEPTS INC

Date Approved

04/12/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MECHANICAL CONCEPTS INC

Borrower Address

34 FIELDSTONE LN

Borrower City

CANDIA

Borrower State

NH

Borrower Zip

03034-2321

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242625.00

Current Approval Amount

172217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CANDIA

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03034-2321

CD

NH-01

Jobs Reported

14

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172217.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173709.55

Forgiveness Date

03/03/2021

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