As part of the Paycheck Protection Program AMERICAN MECHANICAL, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

AMERICAN MECHANICAL, INC


Loan Amount	$972,800
BusinessName	AMERICAN MECHANICAL, INC
Address	633 10th Street, Suite 202
City	VIRGINIA BEACH
State	VA
Zip	23451
NAICSCode	238220
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	04/07/2020
Lender	Towne Bank
CD	VA-02
BusinessName.clean	AMERICAN MECHANICAL

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

KING ESTATE WINERY LIMITED PARTNERS
KING FABRICATION
AMERICAN MEDIA
KING FUJI RANCH
KING GEORGE JJ WORLDWIDE SERVICES JOINT VENTURE