Mechanical Equipment Company

$365,100 PPP Loan in Matthews, North Carolina

Loan Details

Loan Number
4935818306
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$365,100
Current Approval
$365,100
Forgiveness Amount
$367,471
Forgiveness Date
Sep 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mechanical Equipment Company
Address
1301 Industrial Dr
ZIP Code
28105-5310
Business Type
Corporation
Industry (NAICS)
Manufacturing (339920)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
NC-14

Loan Use Breakdown

Payroll
$365,098
Utilities
$1

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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