PPP Loan information for Mid state oil tools, inc

$465,500

Mid state oil tools, inc was initially approved for PPP Loan of amount $465,500, the current approved amount is $465,500. The loan was approved on 04/06/2020 by The Isabella Bank reported 23 jobs and $465,500 was used to fund payroll.

Mid state oil tools, inc is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Mid state oil tools, inc

MID STATE OIL TOOLS, INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MID STATE OIL TOOLS, INC

Borrower Address

1934 COMMERCIAL DR

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-8913

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

465500.00

Current Approval Amount

465500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-8913

CD

MI-02

Jobs Reported

23

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6500.00

Payroll Proceed

408000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

468573.58

Forgiveness Date

12/08/2020

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