PPP Loan information for Bmi acquisition corporation

$141,173

Bmi acquisition corporation was initially approved for PPP Loan of amount $141,173, the current approved amount is $141,173. The loan was approved on 04/07/2020 by The Lee County Bank reported 12 jobs and $141,173 was used to fund payroll.

Bmi acquisition corporation is Existing or more than 2 years old

PPP Loan Search / IA / FORT MADISON / Bmi acquisition corporation

BMI ACQUISITION CORPORATION

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BMI ACQUISITION CORPORATION

Borrower Address

619 First Street

Borrower City

FORT MADISON

Borrower State

IA

Borrower Zip

52627-3106

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141172.50

Current Approval Amount

141172.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25016

Servicing Lender Name

Lee County Bank

Servicing Lender Address

801 Ave 'F'

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT MADISON

Project County Name

LEE

Project State

IA

Project Zip

52627-3106

CD

IA-01

Jobs Reported

12

NAICS Code

423390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18234.50

Payroll Proceed

112938.00

Mortgage Interest Proceed

10000.00

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

25016

Originating Lender

Lee County Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132006.25

Forgiveness Date

12/04/2020

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