PPP Loan information for Mechanical group inc.

$441,300

Mechanical group inc. was initially approved for PPP Loan of amount $441,300, the current approved amount is $441,300. The loan was approved on 04/10/2020 by The Security Financial Bank reported 34 jobs and $441,300 was used to fund payroll.

Mechanical group inc. is Existing or more than 2 years old

PPP Loan Search / WI / DURAND / Mechanical group inc.

MECHANICAL GROUP INC.

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MECHANICAL GROUP INC.

Borrower Address

N6705 STATE HIGHWAY 25

Borrower City

DURAND

Borrower State

WI

Borrower Zip

54736-4209

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

441300.00

Current Approval Amount

441300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75761

Servicing Lender Name

Security Financial Bank

Servicing Lender Address

212 W Prospect St

Servicing Lender City

DURAND

Servicing Lender State

WI

Servicing Lender Zip

54736-1123

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURAND

Project County Name

PEPIN

Project State

WI

Project Zip

54736-4209

CD

WI-03

Jobs Reported

34

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

441300.00

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

75761

Originating Lender

Security Financial Bank

Originating Lender City

DURAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

443702.63

Forgiveness Date

11/03/2020

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