PPP Loan information for Mechanical design inc.

$88,600

Mechanical design inc. was initially approved for PPP Loan of amount $88,600, the current approved amount is $88,600. The loan was approved on 02/17/2021 by The Oregon Pacific Banking Company dba Oregon Pacific Bank reported 8 jobs and $88,600 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

02/17/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

MECHANICAL DESIGN INC.

Borrower Address

30805 Highway 34 SW

Borrower City

Albany

Borrower State

OR

Borrower Zip

97321-9467

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88600.00

Current Approval Amount

88600.00

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

8

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88599.00

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

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

89032.08

Forgiveness Date

08/17/2021

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