Mechanical Development Company Incorporated
$313,800 PPP Loan in Salem, Virginia
Loan Details
- Loan Number
- 9327037006
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $313,800
- Current Approval
- $313,800
- Forgiveness Amount
- $315,883
- Forgiveness Date
- Dec 18, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mechanical Development Company Incorporated
- Address
- 303 Apperson Dr
- City
- Salem
- State
- Virginia
- ZIP Code
- 24153-6914
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332216)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 37
- Estimated Revenue
- $9.0M
- Rural/Urban
- Urban
- Congressional District
- VA-06
Loan Use Breakdown
- Payroll
- $313,800
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
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