PPP Loan information for Midco 2, inc.

$15,800

Midco 2, inc. was initially approved for PPP Loan of amount $15,800, the current approved amount is $15,800. The loan was approved on 05/06/2020 by The Bank Michigan reported 3 jobs and $15,800 was used to fund payroll.

Midco 2, inc. is Existing or more than 2 years old

MIDCO 2, INC.

Date Approved

05/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDCO 2, INC.

Borrower Address

11703 Pentecost Hwy

Borrower City

Onsted

Borrower State

MI

Borrower Zip

49265

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15800.00

Current Approval Amount

15800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Onsted

Project County Name

LENAWEE

Project State

MI

Project Zip

49265-0001

CD

MI-05

Jobs Reported

3

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1132.00

Payroll Proceed

12668.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15903.02

Forgiveness Date

01/07/2021

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