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Mechanical Design, Inc.

$88,700 PPP Loan in Albany, Oregon

Loan Details

Loan Number
6257327010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$88,700
Current Approval
$88,700
Forgiveness Amount
$89,507
Forgiveness Date
Mar 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Design, Inc.
Address
30805 Highway 34
City
Albany
State
Oregon
ZIP Code
97321-9467
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332911)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OR-04

Loan Use Breakdown

Payroll
$66,525
Rent
$14,000
Utilities
$8,175

Lender Information

Servicing Lender
Oregon Pacific Banking Company DBA Oregon Pacific Bank
Originating Lender
Oregon Pacific Banking Company DBA Oregon Pacific Bank

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