Mechanism Exchange & Repair, INC
$72,400 PPP Loan in Yoakum, Texas
Loan Details
- Loan Number
- 1296647110
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $72,400
- Current Approval
- $72,400
- Forgiveness Amount
- $72,973
- Forgiveness Date
- Feb 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mechanism Exchange & Repair, INC
- Address
- 210 E. Hochheim St
- City
- Yoakum
- State
- Texas
- ZIP Code
- 77995-3206
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423440)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- TX-27
Loan Use Breakdown
- Payroll
- $54,300
- Utilities
- $9,050
- Mortgage Interest
- $9,050
Lender Information
- Servicing Lender
- Crossroads Bank
- Originating Lender
- Crossroads Bank
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