PPP Loan information for Parkes mechanical & metals, inc.

$1,637,700

Parkes mechanical & metals, inc. was initially approved for PPP Loan of amount $1,637,700, the current approved amount is $1,637,700. The loan was approved on 04/07/2020 by The First Metro Bank reported 90 jobs and $1,637,700 was used to fund payroll.

Parkes mechanical & metals, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MUSCLE SHOALS / Parkes mechanical & metals, inc.

PARKES MECHANICAL & METALS, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PARKES MECHANICAL & METALS, INC.

Borrower Address

3690 2ND ST

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-1276

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1637700.00

Current Approval Amount

1637700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-1276

CD

AL-04

Jobs Reported

90

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

163770.00

Payroll Proceed

1228275.00

Mortgage Interest Proceed

245655.00

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1649027.43

Forgiveness Date

12/17/2020

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