PPP Loan information for Mechanical systems testing and balancing inc

$265,485

Mechanical systems testing and balancing inc was initially approved for PPP Loan of amount $265,485, the current approved amount is $265,485. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 18 jobs and $265,485 was used to fund payroll.

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

MECHANICAL SYSTEMS TESTING AND BALANCING INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MECHANICAL SYSTEMS TESTING AND BALANCING INC

Borrower Address

7314 Impala Drive

Borrower City

Henrico

Borrower State

VA

Borrower Zip

23228-4204

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265485.00

Current Approval Amount

265485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Henrico

Project County Name

HENRICO

Project State

VA

Project Zip

23228-4204

CD

VA-04

Jobs Reported

18

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33185.62

Payroll Proceed

199113.75

Mortgage Interest Proceed

0.00

Rent Proceed

33185.63

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

268368.46

Forgiveness Date

05/19/2021

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