ACADEMY MECHANICAL INC. (CA) - 2020 PPP Loan Borrower Profile (# 6492387202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMY MECHANICAL INC.. 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 California.

Loan Detail

Loan Number

6492387202

SBA Office Code

0920

Processing Method

PPP

Curent Loan Amount

$112,500

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$113,720.55

Date Loan was Forgiven

Jun 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,750

Payroll Proced

65,625

Mortgage Interest Proceed

Rent Proceed

8,750

Health Care Proceed

4,375

Debt Interest Proceed

25,000

Lender

American Express National Bank

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

Tustin, CA

Project Location

Tustin, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.