PPP Loan information for Mid america distributing, llc

$86,200

Mid america distributing, llc was initially approved for PPP Loan of amount $86,200, the current approved amount is $86,200. The loan was approved on 04/06/2020 by The First Farmers & Merchants National Bank reported 11 jobs and $86,200 was used to fund payroll.

Mid america distributing, llc is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Mid america distributing, llc

MID AMERICA DISTRIBUTING, LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MID AMERICA DISTRIBUTING, LLC

Borrower Address

820 East 10th

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-3723

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86200.00

Current Approval Amount

86200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116933

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

114 S Park St

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-2863

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3723

CD

MN-01

Jobs Reported

11

NAICS Code

424910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

64650.00

Mortgage Interest Proceed

8775.00

Rent Proceed

7775.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

116933

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86951.86

Forgiveness Date

02/23/2021

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