PPP Loan information for Midland electric inc

$306,507

Midland electric inc was initially approved for PPP Loan of amount $306,507, the current approved amount is $306,507. The loan was approved on 01/23/2021 by The Umpqua Bank reported 23 jobs and $306,507 was used to fund payroll.

Midland electric inc is Existing or more than 2 years old

MIDLAND ELECTRIC INC

Date Approved

01/23/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

MIDLAND ELECTRIC INC

Borrower Address

1006 JEFFERSON ST

Borrower City

DAVENPORT

Borrower State

WA

Borrower Zip

99122

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306507.00

Current Approval Amount

306507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

LINCOLN

Project State

WA

Project Zip

99122

CD

WA-05

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

306506.00

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

Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

308127.71

Forgiveness Date

08/11/2021

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