PPP Loan information for Midpoint construction, llc

$499,200

Midpoint construction, llc was initially approved for PPP Loan of amount $499,200, the current approved amount is $499,200. The loan was approved on 04/27/2020 by The First State Bank reported 37 jobs and $499,200 was used to fund payroll.

Midpoint construction, llc is Existing or more than 2 years old

MIDPOINT CONSTRUCTION, LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDPOINT CONSTRUCTION, LLC

Borrower Address

2760 Paldan Drive, Suite A

Borrower City

Auburn Hills

Borrower State

MI

Borrower Zip

48326-1826

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

499200.00

Current Approval Amount

499200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Auburn Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-1826

CD

MI-11

Jobs Reported

37

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

499200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

502810.65

Forgiveness Date

01/20/2021

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