Mechanical Degrees Inc.

$302,140 PPP Loan in Somerset, New Jersey

Loan Details

Loan Number
6918927207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$302,140
Current Approval
$302,140
Forgiveness Amount
$305,319
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechanical Degrees Inc.
Address
26 Worlds Fair Drive - Unit D
ZIP Code
08873
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$302,140

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Investors Bank, a Division of Citizens Bank National Association

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