PPP Loan information for Mechanical insulating inc

$195,300

Mechanical insulating inc was initially approved for PPP Loan of amount $195,300, the current approved amount is $195,300. The loan was approved on 04/29/2020 by The Umpqua Bank reported 10 jobs and $195,300 was used to fund payroll.

Mechanical insulating inc is Existing or more than 2 years old

MECHANICAL INSULATING INC

Date Approved

04/29/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MECHANICAL INSULATING INC

Borrower Address

31811 PACIFIC HWY S STE B-124

Borrower City

FEDERAL WAY

Borrower State

WA

Borrower Zip

98003-5646

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195300.00

Current Approval Amount

195300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FEDERAL WAY

Project County Name

KING

Project State

WA

Project Zip

98003-5646

CD

WA-09

Jobs Reported

10

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195300.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197541.94

Forgiveness Date

06/30/2021

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