PPP Loan information for Mechanical representatives incorporated

$184,566

Mechanical representatives incorporated was initially approved for PPP Loan of amount $184,566, the current approved amount is $184,566. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $184,566 was used to fund payroll.

Mechanical representatives incorporated is New Business or 2 years or less

MECHANICAL REPRESENTATIVES INCORPORATED

Date Approved

05/01/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MECHANICAL REPRESENTATIVES INCORPORATED

Borrower Address

8322 Washington Pl NE

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87113

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184566.00

Current Approval Amount

184566.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87113-0001

CD

NM-01

Jobs Reported

11

NAICS Code

423730

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184566.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185693.62

Forgiveness Date

12/16/2020

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