Mechatronics, Inc.

$2,281,520 PPP Loan in Preston, Washington

Loan Details

Loan Number
9897587009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,281,520
Current Approval
$2,281,520
Forgiveness Amount
$2,308,785
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mechatronics, Inc.
Address
8152 304th Ave SE Po Box 5012
ZIP Code
98050-5012
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
152
Estimated Revenue
$46.6M
Rural/Urban
Urban
Congressional District
WA-08

Loan Use Breakdown

Payroll
$1,840,000
Rent
$116,000
Utilities
$25,520
Health Care
$225,000
Debt Interest
$75,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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