PPP Loan information for Midwest bonding, llc

$92,700

Midwest bonding, llc was initially approved for PPP Loan of amount $118,600, the current approved amount is $92,700. The loan was approved on 04/08/2020 by The Merchants Bank, National Association reported 10 jobs and $92,700 was used to fund payroll.

Midwest bonding, llc is Existing or more than 2 years old

MIDWEST BONDING, LLC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST BONDING, LLC

Borrower Address

525 JUNCTION ST

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-2472

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118600.00

Current Approval Amount

92700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-2472

CD

MN-01

Jobs Reported

10

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7797.00

Payroll Proceed

69513.00

Mortgage Interest Proceed

0.00

Rent Proceed

15390.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93415.85

Forgiveness Date

01/20/2021

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