PPP Loan information for Midland electric, inc

$248,620

Midland electric, inc was initially approved for PPP Loan of amount $248,620, the current approved amount is $248,620. The loan was approved on 05/01/2020 by The WebBank reported 30 jobs and $248,620 was used to fund payroll.

Midland electric, inc is Existing or more than 2 years old

MIDLAND ELECTRIC, INC

Date Approved

05/01/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

MIDLAND ELECTRIC, INC

Borrower Address

1006 Jefferson St

Borrower City

Davenport

Borrower State

WA

Borrower Zip

99122

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248620.00

Current Approval Amount

248620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

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

99122-0001

CD

WA-05

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248620.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250740.18

Forgiveness Date

03/05/2021

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