PPP Loan information for Mid-continent acquisition company

$85,800

Mid-continent acquisition company was initially approved for PPP Loan of amount $85,800, the current approved amount is $85,800. The loan was approved on 04/06/2020 by The First Bank reported 12 jobs and $85,800 was used to fund payroll.

Mid-continent acquisition company is Existing or more than 2 years old

MID-CONTINENT ACQUISITION COMPANY

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MID-CONTINENT ACQUISITION COMPANY

Borrower Address

701 South 22ND ST

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-5432

Loan Status Date

10/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85800.00

Current Approval Amount

85800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-5432

CD

IA-04

Jobs Reported

12

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85800.00

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

Subchapter S Corporation

Originating Lender Location Id

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86229.00

Forgiveness Date

10/14/2020

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