PPP Loan information for Global and mechanical excellence in equipment llc

$550,000

Global and mechanical excellence in equipment llc was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/03/2020 by The Synergy Bank reported 43 jobs and $550,000 was used to fund payroll.

Global and mechanical excellence in equipment llc is Existing or more than 2 years old

GLOBAL AND MECHANICAL EXCELLENCE IN EQUIPMENT LLC

Date Approved

04/03/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GLOBAL AND MECHANICAL EXCELLENCE IN EQUIPMENT LLC

Borrower Address

3322 HIGHWAY 308

Borrower City

NAPOLEONVILLE

Borrower State

LA

Borrower Zip

70390-8904

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123463

Servicing Lender Name

Synergy Bank

Servicing Lender Address

210 Synergy Center Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-1768

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAPOLEONVILLE

Project County Name

ASSUMPTION

Project State

LA

Project Zip

70390-8904

CD

LA-06

Jobs Reported

43

NAICS Code

333131

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8200.00

Payroll Proceed

412500.00

Mortgage Interest Proceed

67500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

61800.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

123463

Originating Lender

Synergy Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

553147.22

Forgiveness Date

11/06/2020

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