PPP Loan information for Mechanical control systems inc

$130,900

Mechanical control systems inc was initially approved for PPP Loan of amount $130,900, the current approved amount is $130,900. The loan was approved on 04/14/2020 by The Enterprise Bank and Trust Company reported 6 jobs and $130,900 was used to fund payroll.

Mechanical control systems inc is Existing or more than 2 years old

MECHANICAL CONTROL SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MECHANICAL CONTROL SYSTEMS INC

Borrower Address

26 B KEEWAYDIN DR

Borrower City

SALEM

Borrower State

NH

Borrower Zip

03079-2898

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130900.00

Current Approval Amount

130900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03079-2898

CD

NH-02

Jobs Reported

6

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5100.00

Payroll Proceed

100100.00

Mortgage Interest Proceed

0.00

Rent Proceed

2700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

131972.65

Forgiveness Date

02/16/2021

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