PPP Loan information for Mid america drilling corp

$313,757

Mid america drilling corp was initially approved for PPP Loan of amount $313,757, the current approved amount is $313,757. The loan was approved on 02/05/2021 by The Arbor Bank reported 21 jobs and $313,757 was used to fund payroll.

Mid america drilling corp is Existing or more than 2 years old

PPP Loan Search / IA / OAKLAND / Mid america drilling corp

MID AMERICA DRILLING CORP

Date Approved

02/05/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MID AMERICA DRILLING CORP

Borrower Address

HENRY WELL CO

Borrower City

OAKLAND

Borrower State

IA

Borrower Zip

51560

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

313757.00

Current Approval Amount

313757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42371

Servicing Lender Name

Arbor Bank

Servicing Lender Address

911 Central Ave

Servicing Lender City

NEBRASKA CITY

Servicing Lender State

NE

Servicing Lender Zip

68410-2334

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51560

CD

IA-03

Jobs Reported

21

NAICS Code

238190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

313757.00

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

42371

Originating Lender

Arbor Bank

Originating Lender City

NEBRASKA CITY

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

315735.41

Forgiveness Date

09/27/2021

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