PPP Loan information for Mid-states equipment

$352,000

Mid-states equipment was initially approved for PPP Loan of amount $352,000, the current approved amount is $352,000. The loan was approved on 04/04/2020 by The Forward Bank reported 24 jobs and $352,000 was used to fund payroll.

Mid-states equipment is Existing or more than 2 years old

MID-STATES EQUIPMENT

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MID-STATES EQUIPMENT

Borrower Address

611 Jensen Dr

Borrower City

MEDFORD

Borrower State

WI

Borrower Zip

54451-1666

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352000.00

Current Approval Amount

352000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79583

Servicing Lender Name

Forward Bank

Servicing Lender Address

1001 N Central Ave

Servicing Lender City

MARSHFIELD

Servicing Lender State

WI

Servicing Lender Zip

54449-2124

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

TAYLOR

Project State

WI

Project Zip

54451-1666

CD

WI-07

Jobs Reported

24

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

352000.00

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

79583

Originating Lender

Forward Bank

Originating Lender City

MARSHFIELD

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354014.22

Forgiveness Date

11/03/2020

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