PPP Loan information for Midland development inc

$181,055

Midland development inc was initially approved for PPP Loan of amount $181,055, the current approved amount is $181,055. The loan was approved on 03/13/2021 by The Johnson Bank reported 35 jobs and $181,055 was used to fund payroll.

Midland development inc is Existing or more than 2 years old

PPP Loan Search / WI / Janesville / Midland development inc

MIDLAND DEVELOPMENT INC

Date Approved

03/13/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MIDLAND DEVELOPMENT INC

Borrower Address

616 Midland Rd

Borrower City

Janesville

Borrower State

WI

Borrower Zip

53546-2330

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

181055.00

Current Approval Amount

181055.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Janesville

Project County Name

ROCK

Project State

WI

Project Zip

53546-2330

CD

WI-01

Jobs Reported

35

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

181055.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

181853.63

Forgiveness Date

08/31/2021

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