AMERICAN MECHANICAL CONTRACTORS, INC. (TN) - 2020 PPP Loan Borrower Profile (# 7742667005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN MECHANICAL CONTRACTORS, 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 Tennessee.

Loan Detail

Loan Number

7742667005

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$1,315,702.5

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,331,966.04

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

23 Months

Utilities Proced

19,999.5

Payroll Proced

1,245,703

Rent Proceed

50,000

Lender

First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

KINGSPORT, TN

Project Location

KINGSPORT, TN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

111

Business Age Description

Existing or more than 2 years old

Data Source: SBA.