PPP Loan information for Mechanical concepts llc

$686,287

Mechanical concepts llc was initially approved for PPP Loan of amount $686,287, the current approved amount is $686,287. The loan was approved on 04/12/2020 by The First Horizon Bank reported 50 jobs and $686,287 was used to fund payroll.

Mechanical concepts llc is Existing or more than 2 years old

PPP Loan Search / LA / SHREVEPORT / Mechanical concepts llc

MECHANICAL CONCEPTS LLC

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MECHANICAL CONCEPTS LLC

Borrower Address

935 WEST 70TH STREET

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71106-2520

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686287.07

Current Approval Amount

686287.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71106-2520

CD

LA-04

Jobs Reported

50

NAICS Code

238220

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

686287.07

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

692463.65

Forgiveness Date

03/11/2021

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