PPP Loan information for Mechanical engineering and construction corporation

$2,421,676

Mechanical engineering and construction corporation was initially approved for PPP Loan of amount $2,986,900, the current approved amount is $2,421,676. The loan was approved on 04/10/2020 by The Truist Bank reported 147 jobs and $2,421,676 was used to fund payroll.

Mechanical engineering and construction corporation is Existing or more than 2 years old

PPP Loan Search / MD / CATONSVILLE / Mechanical engineering and construction corporation

MECHANICAL ENGINEERING AND CONSTRUCTION CORPORATION

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MECHANICAL ENGINEERING AND CONSTRUCTION CORPORATION

Borrower Address

6159 EDMONDSON AVE

Borrower City

CATONSVILLE

Borrower State

MD

Borrower Zip

21228-1826

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2986900.00

Current Approval Amount

2421675.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CATONSVILLE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21228-1826

CD

MD-07

Jobs Reported

147

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2421675.98

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2452417.81

Forgiveness Date

07/29/2021

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