PPP Loan information for Mechanical systems and welding inc

$146,895

Mechanical systems and welding inc was initially approved for PPP Loan of amount $146,895, the current approved amount is $146,895. The loan was approved on 04/29/2020 by The Santander Bank, National Association reported 16 jobs and $146,895 was used to fund payroll.

Mechanical systems and welding inc is Existing or more than 2 years old

PPP Loan Search / MA / Assonet / Mechanical systems and welding inc

MECHANICAL SYSTEMS AND WELDING INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MECHANICAL SYSTEMS AND WELDING INC

Borrower Address

5 Adams Ave

Borrower City

Assonet

Borrower State

MA

Borrower Zip

02702

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146895.00

Current Approval Amount

146895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Assonet

Project County Name

BRISTOL

Project State

MA

Project Zip

02702-0001

CD

MA-04

Jobs Reported

16

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146895.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148078.21

Forgiveness Date

02/25/2021

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