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Mechanical Systems, Inc.

$2,803,500 PPP Loan in Dundas, Minnesota

Loan Details

Loan Number
6092017001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,803,500
Current Approval
$2,803,500
Forgiveness Amount
$2,836,285
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Systems, Inc.
Address
800 Weaver Ln Ste a
City
Dundas
State
Minnesota
ZIP Code
55019-4123
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
218
Estimated Revenue
$69.0M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$2,803,500

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank National Association

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