515 MECHANICAL LLC (IA) - 2020 PPP Loan Borrower Profile (# 9816097101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 515 MECHANICAL LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

9816097101

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$12,515.32

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$12,670.99

Date Loan was Forgiven

Jul 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

9,386.5

Rent Proceed

3,128.82

Lender

Community Choice CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238220

Borrower Location

Elkhart, IA

Project Location

Elkhart, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.