PPP Loan information for Michaelson inc

$208,500

Michaelson inc was initially approved for PPP Loan of amount $208,500, the current approved amount is $208,500. The loan was approved on 04/28/2020 by The Bank Midwest reported 14 jobs and $208,500 was used to fund payroll.

Michaelson inc is Existing or more than 2 years old

PPP Loan Search / IA / ARMSTRONG / Michaelson inc

MICHAELSON INC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MICHAELSON INC

Borrower Address

901 3RD AVE

Borrower City

ARMSTRONG

Borrower State

IA

Borrower Zip

50514-7444

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208500.00

Current Approval Amount

208500.00

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

ARMSTRONG

Project County Name

EMMET

Project State

IA

Project Zip

50514-7444

CD

IA-04

Jobs Reported

14

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

208500.00

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

Unanswered

Non Profit

Forgiveness Amount

211013.58

Forgiveness Date

07/09/2021

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