PPP Loan information for Beemer well drilling inc.

$492,000

Beemer well drilling inc. was initially approved for PPP Loan of amount $492,000, the current approved amount is $492,000. The loan was approved on 04/08/2020 by The Bank Midwest reported 30 jobs and $492,000 was used to fund payroll.

Beemer well drilling inc. is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Beemer well drilling inc.

BEEMER WELL DRILLING INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEEMER WELL DRILLING INC.

Borrower Address

1988 135TH ST

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-1349

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492000.00

Current Approval Amount

492000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-1349

CD

MN-01

Jobs Reported

30

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

492000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

498860.67

Forgiveness Date

09/02/2021

;