PPP Loan information for Midland scientific inc

$1,600,000

Midland scientific inc was initially approved for PPP Loan of amount $2,042,300, the current approved amount is $1,600,000. The loan was approved on 04/05/2020 by The Black Hills Community Bank, National Association reported 138 jobs and $1,600,000 was used to fund payroll.

Midland scientific inc is Existing or more than 2 years old

MIDLAND SCIENTIFIC INC

Date Approved

04/05/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MIDLAND SCIENTIFIC INC

Borrower Address

10651 Chandler Rd Ste 102

Borrower City

LA VISTA

Borrower State

NE

Borrower Zip

68128-3135

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2042300.00

Current Approval Amount

1600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452201

Servicing Lender Name

Black Hills Community Bank, National Association

Servicing Lender Address

840 Mount Rushmore Rd

Servicing Lender City

RAPID CITY

Servicing Lender State

SD

Servicing Lender Zip

57701-3603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LA VISTA

Project County Name

SARPY

Project State

NE

Project Zip

68128-3135

CD

NE-01

Jobs Reported

138

NAICS Code

424210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1600000.00

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

452201

Originating Lender

Black Hills Community Bank, National Association

Originating Lender City

RAPID CITY

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1610038.36

Forgiveness Date

11/27/2020

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