As part of the Paycheck Protection Program MECHANICAL SYSTEMS, 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.

MECHANICAL SYSTEMS, INC


Loan Amount	$2,803,500
BusinessName	MECHANICAL SYSTEMS, INC
Address	800 WEAVER LN ste A
City	DUNDAS
State	MN
Zip	55019
NAICSCode	238220
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	218
DateApproved	04/06/2020
Lender	Merchants Bank, National Association
CD	MN-02
BusinessName.clean	MECHANICAL SYSTEMS

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

MECHANICAL TECHONOLGIES
MECHANICAL TOOL ENGINEERING COMPANY
MECHANICSVILLE TOYOTA
MECHATRONICS
MECHWORKS MECHANICAL CONTRACTORS