PPP Loan information for Mechanical equipment company

$399,900

Mechanical equipment company was initially approved for PPP Loan of amount $399,900, the current approved amount is $399,900. The loan was approved on 04/09/2020 by The First-Citizens Bank & Trust Company reported 25 jobs and $399,900 was used to fund payroll.

Mechanical equipment company is New Business or 2 years or less

PPP Loan Search / NC / MATTHEWS / Mechanical equipment company

MECHANICAL EQUIPMENT COMPANY

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MECHANICAL EQUIPMENT COMPANY

Borrower Address

1301 Industrial Dr

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28106

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399900.00

Current Approval Amount

399900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MATTHEWS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28106-0001

CD

NC-14

Jobs Reported

25

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

399900.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402132.77

Forgiveness Date

11/03/2020

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