PPP Loan information for Midwest borings, inc.

$156,500

Midwest borings, inc. was initially approved for PPP Loan of amount $156,500, the current approved amount is $156,500. The loan was approved on 04/13/2020 by The The Bank of Elk River reported 6 jobs and $156,500 was used to fund payroll.

Midwest borings, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BECKER / Midwest borings, inc.

MIDWEST BORINGS, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST BORINGS, INC.

Borrower Address

18343 97TH ST. SE

Borrower City

BECKER

Borrower State

MN

Borrower Zip

55308-8716

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156500.00

Current Approval Amount

156500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55308-8716

CD

MN-06

Jobs Reported

6

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156500.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

158347.99

Forgiveness Date

06/28/2021

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