PPP Loan information for Midessa electric llc

$112,870

Midessa electric llc was initially approved for PPP Loan of amount $112,870, the current approved amount is $112,870. The loan was approved on 01/30/2021 by The Prosperity Bank reported 7 jobs and $112,870 was used to fund payroll.

Midessa electric llc is Existing or more than 2 years old

MIDESSA ELECTRIC LLC

Date Approved

01/30/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

MIDESSA ELECTRIC LLC

Borrower Address

5809 Cranston Pl

Borrower City

Midland

Borrower State

TX

Borrower Zip

79707-5025

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112869.50

Current Approval Amount

112869.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-5025

CD

TX-11

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112862.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113926.08

Forgiveness Date

01/06/2022

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