Mechanical Degrees Inc.

$208,567 PPP Loan in Somerset, New Jersey

Loan Details

Loan Number
5173759000
Date Approved
May 21, 2021
Loan Status
Paid in Full
Initial Approval
$208,567
Current Approval
$208,567
Forgiveness Amount
$210,041
Forgiveness Date
Feb 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mechanical Degrees Inc.
Address
26 Worlds Fair Dr Ste D
ZIP Code
08873-1359
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$208,564
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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