PPP Loan information for Mecom inc

$222,629

Mecom inc was initially approved for PPP Loan of amount $222,629, the current approved amount is $222,629. The loan was approved on 01/16/2021 by The Reading Co-Operative Bank reported 36 jobs and $222,629 was used to fund payroll.

Mecom inc is Existing or more than 2 years old

PPP Loan Search / MA / Reading / Mecom inc

MECOM INC

Date Approved

01/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MECOM INC

Borrower Address

355 Main St

Borrower City

Reading

Borrower State

MA

Borrower Zip

01867-3616

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222628.70

Current Approval Amount

222628.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-3616

CD

MA-06

Jobs Reported

36

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

222626.70

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

Corporation

Originating Lender Location Id

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225547.61

Forgiveness Date

05/17/2022

;