PPP Loan information for Mechanical & industrial solutions inc

$37,500

Mechanical & industrial solutions inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 11 jobs and $37,500 was used to fund payroll.

Mechanical & industrial solutions inc is New Business or 2 years or less

MECHANICAL & INDUSTRIAL SOLUTIONS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MECHANICAL & INDUSTRIAL SOLUTIONS INC

Borrower Address

1422 E MAIN ST STE 163

Borrower City

LINCOLNTON

Borrower State

NC

Borrower Zip

28092

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LINCOLNTON

Project County Name

LINCOLN

Project State

NC

Project Zip

28092-0001

CD

NC-10

Jobs Reported

11

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37500.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38137.50

Forgiveness Date

01/04/2022

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