PPP Loan information for Midstates electric, inc.

$652,347

Midstates electric, inc. was initially approved for PPP Loan of amount $652,347, the current approved amount is $652,347. The loan was approved on 04/28/2020 by The F & M Bank reported 53 jobs and $652,347 was used to fund payroll.

Midstates electric, inc. is Existing or more than 2 years old

MIDSTATES ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDSTATES ELECTRIC, INC.

Borrower Address

1658 HIGHWAY 20

Borrower City

LAWTON

Borrower State

IA

Borrower Zip

51030-8167

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652346.77

Current Approval Amount

652346.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42709

Servicing Lender Name

F & M Bank

Servicing Lender Address

204 N Main St

Servicing Lender City

WEST POINT

Servicing Lender State

NE

Servicing Lender Zip

68788-1418

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWTON

Project County Name

WOODBURY

Project State

IA

Project Zip

51030-8167

CD

IA-04

Jobs Reported

53

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

652346.77

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

42709

Originating Lender

F & M Bank

Originating Lender City

WEST POINT

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

656478.30

Forgiveness Date

12/15/2020

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