PPP Loan information for Mai welding supply, ltd

$25,828

Mai welding supply, ltd was initially approved for PPP Loan of amount $25,828, the current approved amount is $25,828. The loan was approved on 04/08/2020 by The Midstates Bank, National Association reported 2 jobs and $25,828 was used to fund payroll.

Mai welding supply, ltd is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / Mai welding supply, ltd

MAI WELDING SUPPLY, LTD

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MAI WELDING SUPPLY, LTD

Borrower Address

3090 510TH ST

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-7507

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25827.50

Current Approval Amount

25827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25068

Servicing Lender Name

Midstates Bank, National Association

Servicing Lender Address

1851 Madison Ave, Ste 732

Servicing Lender City

COUNCIL BLUFFS

Servicing Lender State

IA

Servicing Lender Zip

51503-3602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

SIOUX

Project State

IA

Project Zip

51031-7507

CD

IA-04

Jobs Reported

2

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25827.50

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

Subchapter S Corporation

Originating Lender Location Id

25068

Originating Lender

Midstates Bank, National Association

Originating Lender City

COUNCIL BLUFFS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25976.01

Forgiveness Date

11/12/2020

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