CUSTOM MECHANICAL INC (DE) - 2020 PPP Loan Borrower Profile (# 3478447109)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CUSTOM 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 Delaware.
Loan Detail
Loan Number
3478447109
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$500,090
Date Loan was Approved
Apr 11, 2020
Amount Forgiven
$503,423.93
Date Loan was Forgiven
Dec 21, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
62,510.37
Payroll Proced
375,068.25
Mortgage Interest Proceed
62,511.38
Lender
Fulton Bank, National Association
Business Detail
Business Type
Corporation
NAICS
238220
Borrower Location
Frankford, DE
Project Location
Frankford, DE
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
34
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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