PPP Loan information for Suter mechanical inc

$239,600

Suter mechanical inc was initially approved for PPP Loan of amount $239,600, the current approved amount is $239,600. The loan was approved on 01/27/2021 by The Traditional Bank, Inc. reported 20 jobs and $239,600 was used to fund payroll.

Suter mechanical inc is Existing or more than 2 years old

SUTER MECHANICAL INC

Date Approved

01/27/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

SUTER MECHANICAL INC

Borrower Address

2416 Over Dr Ste 110

Borrower City

Lexington

Borrower State

KY

Borrower Zip

40511-2618

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239600.00

Current Approval Amount

239600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

FAYETTE

Project State

KY

Project Zip

40511-2618

CD

KY-06

Jobs Reported

20

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

239597.00

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

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241057.29

Forgiveness Date

09/09/2021

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