Construction Mechanics Incorporated

$1,108,300 PPP Loan in Akron, Ohio

Loan Details

Loan Number
2602477209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,108,300
Current Approval
$1,108,300
Forgiveness Amount
$1,114,850
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Construction Mechanics Incorporated
Address
1025 S Broadway St
City
Akron
State
Ohio
ZIP Code
44311-2340
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561330)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$14.2M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$1,078,800
Rent
$10,000
Utilities
$1,500
Health Care
$18,000

Lender Information

Servicing Lender
First Commonwealth Bank
Originating Lender
First Commonwealth Bank

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