PPP Loan information for Adkins equipment, inc.

$90,700

Adkins equipment, inc. was initially approved for PPP Loan of amount $90,700, the current approved amount is $90,700. The loan was approved on 04/08/2020 by The Midwest Bank reported 6 jobs and $90,700 was used to fund payroll.

Adkins equipment, inc. is Existing or more than 2 years old

PPP Loan Search / MN / DETROIT LAKES / Adkins equipment, inc.

ADKINS EQUIPMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADKINS EQUIPMENT, INC.

Borrower Address

1057 RICHWOOD RD

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-6994

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90700.00

Current Approval Amount

90700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-6994

CD

MN-07

Jobs Reported

6

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90700.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91184.56

Forgiveness Date

11/05/2020

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