Mechanisms INC

$204,680 PPP Loan in Crossett, Arkansas

Loan Details

Loan Number
4573018402
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$204,680
Current Approval
$204,680
Forgiveness Amount
$205,573
Forgiveness Date
Jul 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mechanisms INC
Address
102 N Texas St
ZIP Code
71635-2518
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$204,678
Utilities
$1

Lender Information

Servicing Lender
Century Next Bank
Originating Lender
Century Next Bank

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