PPP Loan information for Midland sports inc.

$243,247

Midland sports inc. was initially approved for PPP Loan of amount $243,247, the current approved amount is $243,247. The loan was approved on 01/27/2021 by The American Momentum Bank reported 14 jobs and $243,247 was used to fund payroll.

Midland sports inc. is Existing or more than 2 years old

MIDLAND SPORTS INC.

Date Approved

01/27/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

MIDLAND SPORTS INC.

Borrower Address

5514 Champions Dr

Borrower City

Midland

Borrower State

TX

Borrower Zip

79706-2843

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243247.00

Current Approval Amount

243247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-2843

CD

TX-11

Jobs Reported

14

NAICS Code

711211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

243243.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

245692.98

Forgiveness Date

01/28/2022

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