PPP Loan information for Mayo construction company, inc.
$1,397,500
Mayo construction company, inc. was initially approved for PPP Loan of amount $1,397,500, the current approved amount is $1,397,500. The loan was approved on 04/15/2020 by The VISIONBank reported 114 jobs and $1,397,500 was used to fund payroll.
Mayo construction company, inc. is Existing or more than 2 years old
MAYO CONSTRUCTION COMPANY, INC.
Date Approved
04/15/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
MAYO CONSTRUCTION COMPANY, INC.
Borrower Address
13960 Highway 5 West
Borrower City
CAVALIER
Borrower State
ND
Borrower Zip
58220-0310
Loan Status Date
01/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1397500.00
Current Approval Amount
1397500.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
427971
Servicing Lender Name
VISIONBank
Servicing Lender Address
3000 25th St South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-5046
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
CAVALIER
Project County Name
PEMBINA
Project State
ND
Project Zip
58220-0310
CD
ND-
Jobs Reported
114
NAICS Code
237310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
97500.00
Payroll Proceed
1200000.00
Mortgage Interest Proceed
0.00
Rent Proceed
50000.00
Refinance EIDL Proceed
0.00
Health Care Proceed
50000.00
Debt Interest Proceed
0
Business Type
Employee Stock Ownership Plan(ESOP)
Originating Lender Location Id
427971
Originating Lender
VISIONBank
Originating Lender City
FARGO
Originating Lender State
ND
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
1407204.86
Forgiveness Date
12/31/2020