PPP Loan information for Mechanical systems company, llc

$1,673,745

Mechanical systems company, llc was initially approved for PPP Loan of amount $1,673,745, the current approved amount is $1,673,745. The loan was approved on 04/07/2020 by The Truist Bank reported 160 jobs and $1,673,745 was used to fund payroll.

Mechanical systems company, llc is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Mechanical systems company, llc

MECHANICAL SYSTEMS COMPANY, LLC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MECHANICAL SYSTEMS COMPANY, LLC

Borrower Address

3964 Old Getwell Rd

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38118-6048

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1673744.70

Current Approval Amount

1673744.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38118-6048

CD

TN-09

Jobs Reported

160

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1673744.70

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1686623.24

Forgiveness Date

01/25/2021

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