PPP Loan information for Mechanical systems inc

$815,700

Mechanical systems inc was initially approved for PPP Loan of amount $815,700, the current approved amount is $815,700. The loan was approved on 04/03/2020 by The Jonah Bank of Wyoming reported 64 jobs and $815,700 was used to fund payroll.

Mechanical systems inc is Existing or more than 2 years old

MECHANICAL SYSTEMS INC

Date Approved

04/03/2020

SBA Office Code

0897

Processing Method

PPP

Borrower Name

MECHANICAL SYSTEMS INC

Borrower Address

1313 LINCOLNWAY

Borrower City

CHEYENNE

Borrower State

WY

Borrower Zip

82001-3306

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

815700.00

Current Approval Amount

815700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442331

Servicing Lender Name

Jonah Bank of Wyoming

Servicing Lender Address

777 W First St

Servicing Lender City

CASPER

Servicing Lender State

WY

Servicing Lender Zip

82601-1763

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHEYENNE

Project County Name

LARAMIE

Project State

WY

Project Zip

82001-3306

CD

WY-

Jobs Reported

64

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

811700.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

442331

Originating Lender

Jonah Bank of Wyoming

Originating Lender City

CASPER

Originating Lender State

WY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

821800.99

Forgiveness Date

01/14/2021

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