PPP Loan information for Mechanical solutions inc

$50,000

Mechanical solutions inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 01/27/2021 by The MidFirst Bank reported 3 jobs and $50,000 was used to fund payroll.

Mechanical solutions inc is Existing or more than 2 years old

MECHANICAL SOLUTIONS INC

Date Approved

01/27/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

MECHANICAL SOLUTIONS INC

Borrower Address

2021 W Katahn Dr

Borrower City

Prescott

Borrower State

AZ

Borrower Zip

86305-3973

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prescott

Project County Name

YAVAPAI

Project State

AZ

Project Zip

86305-3973

CD

AZ-02

Jobs Reported

3

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49996.00

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

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50370.83

Forgiveness Date

10/26/2021

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