PPP Loan information for Midlands business equipment llc

$76,300

Midlands business equipment llc was initially approved for PPP Loan of amount $76,300, the current approved amount is $76,300. The loan was approved on 02/27/2021 by The City State Bank reported 5 jobs and $76,300 was used to fund payroll.

Midlands business equipment llc is Existing or more than 2 years old

MIDLANDS BUSINESS EQUIPMENT LLC

Date Approved

02/27/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MIDLANDS BUSINESS EQUIPMENT LLC

Borrower Address

3100 SE Gateway Dr

Borrower City

Grimes

Borrower State

IA

Borrower Zip

50111-4998

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76300.00

Current Approval Amount

76300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25318

Servicing Lender Name

City State Bank

Servicing Lender Address

801 Main St

Servicing Lender City

NORWALK

Servicing Lender State

IA

Servicing Lender Zip

50211-1322

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grimes

Project County Name

POLK

Project State

IA

Project Zip

50111-4998

CD

IA-03

Jobs Reported

5

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25318

Originating Lender

City State Bank

Originating Lender City

NORWALK

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76680.45

Forgiveness Date

09/01/2021

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