PPP Loan information for Mechtrix corporation

$209,923

Mechtrix corporation was initially approved for PPP Loan of amount $209,923, the current approved amount is $209,923. The loan was approved on 05/15/2021 by The Milwaukee Economic Development Corporation reported 18 jobs and $209,923 was used to fund payroll.

Mechtrix corporation is Existing or more than 2 years old

MECHTRIX CORPORATION

Date Approved

05/15/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MECHTRIX CORPORATION

Borrower Address

W147N9461 Held Dr

Borrower City

Menomonee Falls

Borrower State

WI

Borrower Zip

53051-1640

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

209922.50

Current Approval Amount

209922.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188315

Servicing Lender Name

Milwaukee Economic Development Corporation

Servicing Lender Address

757 North Broadway Suite 600

Servicing Lender City

Milwaukee

Servicing Lender State

WI

Servicing Lender Zip

53202

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Menomonee Falls

Project County Name

WAUKESHA

Project State

WI

Project Zip

53051-1640

CD

WI-05

Jobs Reported

18

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

209921.50

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

Subchapter S Corporation

Originating Lender Location Id

188315

Originating Lender

Milwaukee Economic Development Corporation

Originating Lender City

Milwaukee

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

211210.79

Forgiveness Date

01/05/2022

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