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Mechanical Construction Services INC

$2,895,900 PPP Loan in Newark, Arkansas

Loan Details

Loan Number
6357567009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,895,900
Current Approval
$2,895,900
Forgiveness Amount
$2,934,300
Forgiveness Date
Aug 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Construction Services INC
Address
595 Locust St
City
Newark
State
Arkansas
ZIP Code
72562-9135
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$54.2M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$2,171,925
Rent
$361,988
Utilities
$361,987

Lender Information

Servicing Lender
Merchants & Planters Bank
Originating Lender
Merchants & Planters Bank

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