Mechanism Exchange & Repair INC

$71,100 PPP Loan in Yoakum, Texas

Loan Details

Loan Number
6760398307
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$71,100
Current Approval
$71,100
Forgiveness Amount
$71,513
Forgiveness Date
Sep 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mechanism Exchange & Repair INC
Address
210 E Hochheim St
City
Yoakum
State
Texas
ZIP Code
77995-3206
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423440)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-27

Loan Use Breakdown

Payroll
$71,096
Utilities
$1

Lender Information

Servicing Lender
Crossroads Bank
Originating Lender
Crossroads Bank

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