PPP Loan information for Bates utility company, inc.

$503,400

Bates utility company, inc. was initially approved for PPP Loan of amount $528,500, the current approved amount is $503,400. The loan was approved on 04/07/2020 by The First Mid Bank & Trust, National Association reported 34 jobs and $503,400 was used to fund payroll.

Bates utility company, inc. is Existing or more than 2 years old

BATES UTILITY COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

BATES UTILITY COMPANY, INC.

Borrower Address

841 Westwood Industrial Park Drive

Borrower City

SAINT CHARLES

Borrower State

MO

Borrower Zip

63304-4579

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

528500.00

Current Approval Amount

503400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63304-4579

CD

MO-02

Jobs Reported

34

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

503400.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

506182.68

Forgiveness Date

11/03/2020

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