PPP Loan information for Midco machine inc.

$220,637

Midco machine inc. was initially approved for PPP Loan of amount $220,637, the current approved amount is $220,637. The loan was approved on 04/06/2021 by The American Momentum Bank reported 14 jobs and $220,637 was used to fund payroll.

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

MIDCO MACHINE INC.

Date Approved

04/06/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

MIDCO MACHINE INC.

Borrower Address

11228 W County Road 127

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79765-9413

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220637.00

Current Approval Amount

220637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

MIDLAND

Project State

TX

Project Zip

79765-9413

CD

TX-11

Jobs Reported

14

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220637.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222187.59

Forgiveness Date

12/20/2021

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