PPP Loan information for Mechanical incorporated

$1,024,900

Mechanical incorporated was initially approved for PPP Loan of amount $1,024,900, the current approved amount is $1,024,900. The loan was approved on 04/12/2020 by The IncredibleBank reported 131 jobs and $1,024,900 was used to fund payroll.

Mechanical incorporated is New Business or 2 years or less

MECHANICAL INCORPORATED

Date Approved

04/12/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MECHANICAL INCORPORATED

Borrower Address

1520 W MOHAWK DR

Borrower City

TOMAHAWK

Borrower State

WI

Borrower Zip

54487-2213

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1024900.00

Current Approval Amount

1024900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76755

Servicing Lender Name

IncredibleBank

Servicing Lender Address

327 N 17th Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-4225

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TOMAHAWK

Project County Name

LINCOLN

Project State

WI

Project Zip

54487-2213

CD

WI-07

Jobs Reported

131

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1024900.00

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

76755

Originating Lender

IncredibleBank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1034643.57

Forgiveness Date

03/31/2021

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