Global and Mechanical Excellence in Equipment LLC

$550,000 PPP Loan in Napoleonville, Louisiana

Loan Details

Loan Number
4410657002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$550,000
Forgiveness Amount
$553,147
Forgiveness Date
Nov 6, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Global and Mechanical Excellence in Equipment LLC
Address
3322 Highway 308
ZIP Code
70390-8904
Business Type
Limited Liability Partnership
Industry (NAICS)
Manufacturing (333131)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
LA-06

Loan Use Breakdown

Payroll
$412,500
Utilities
$8,200
Health Care
$61,800
Mortgage Interest
$67,500

Lender Information

Servicing Lender
Synergy Bank
Originating Lender
Synergy Bank

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