PPP Loan information for Mechanical products southwest, inc.

$490,000

Mechanical products southwest, inc. was initially approved for PPP Loan of amount $490,000, the current approved amount is $490,000. The loan was approved on 04/14/2020 by The Customers Bank reported 42 jobs and $490,000 was used to fund payroll.

Mechanical products southwest, inc. is Existing or more than 2 years old

MECHANICAL PRODUCTS SOUTHWEST, INC.

Date Approved

04/14/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MECHANICAL PRODUCTS SOUTHWEST, INC.

Borrower Address

2629 East Rose Garden Lane, Suite 1

Borrower City

Phoenix

Borrower State

AZ

Borrower Zip

85050

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490000.00

Current Approval Amount

490000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Phoenix

Project County Name

MARICOPA

Project State

AZ

Project Zip

85050-0001

CD

AZ-01

Jobs Reported

42

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

490000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

493772.33

Forgiveness Date

02/17/2021

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