PPP Loan information for Mechanical design, inc.

$88,700

Mechanical design, inc. was initially approved for PPP Loan of amount $88,700, the current approved amount is $88,700. The loan was approved on 04/06/2020 by The Oregon Pacific Banking Company dba Oregon Pacific Bank reported 15 jobs and $88,700 was used to fund payroll.

Mechanical design, inc. is Existing or more than 2 years old

PPP Loan Search / OR / ALBANY / Mechanical design, inc.

MECHANICAL DESIGN, INC.

Date Approved

04/06/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MECHANICAL DESIGN, INC.

Borrower Address

30805 HIGHWAY 34

Borrower City

ALBANY

Borrower State

OR

Borrower Zip

97321-9467

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88700.00

Current Approval Amount

88700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59582

Servicing Lender Name

Oregon Pacific Banking Company dba Oregon Pacific Bank

Servicing Lender Address

1365 Hwy 101

Servicing Lender City

Florence

Servicing Lender State

OR

Servicing Lender Zip

97439

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

LINN

Project State

OR

Project Zip

97321-9467

CD

OR-04

Jobs Reported

15

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8175.00

Payroll Proceed

66525.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

59582

Originating Lender

Oregon Pacific Banking Company dba Oregon Pacific Bank

Originating Lender City

Florence

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89506.81

Forgiveness Date

03/15/2021

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