Mechanical Contractors Inc.

$722,309 PPP Loan in Prior Lake, Minnesota

Loan Details

Loan Number
3048258303
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$722,309
Current Approval
$722,309
Forgiveness Amount
$728,208
Forgiveness Date
Nov 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mechanical Contractors Inc.
Address
4131 Grainwood Cir NE
ZIP Code
55372-1740
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238290)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$722,307
Utilities
$1

Lender Information

Servicing Lender
Sterling State Bank
Originating Lender
Sterling State Bank

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