Associated Mechanical Companies, INC

$262,200 PPP Loan in Chesapeake, Virginia

Loan Details

Loan Number
6502257007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$262,200
Current Approval
$262,200
Forgiveness Amount
$263,992
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Associated Mechanical Companies, INC
Address
3204 Battlefield Blvd
ZIP Code
23322-2311
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
VA-02

Loan Use Breakdown

Payroll
$211,000
Rent
$41,000
Utilities
$9,500
Mortgage Interest
$700

Lender Information

Servicing Lender
The Old Point National Bank of Phoebus
Originating Lender
The Old Point National Bank of Phoebus

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