PPP Loan information for Midstate electric

$79,954

Midstate electric was initially approved for PPP Loan of amount $79,954, the current approved amount is $79,954. The loan was approved on 04/12/2020 by The Washington Federal Bank reported 10 jobs and $79,954 was used to fund payroll.

Midstate electric is Existing or more than 2 years old

MIDSTATE ELECTRIC

Date Approved

04/12/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MIDSTATE ELECTRIC

Borrower Address

926 Ake Ave

Borrower City

SOCORRO

Borrower State

NM

Borrower Zip

87801-4702

Loan Status Date

08/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79954.12

Current Approval Amount

79954.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78418

Servicing Lender Name

Washington Federal Bank

Servicing Lender Address

425 Pike St

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101-3902

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOCORRO

Project County Name

SOCORRO

Project State

NM

Project Zip

87801-4702

CD

NM-02

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19988.53

Payroll Proceed

59965.59

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

Sole Proprietorship

Originating Lender Location Id

78418

Originating Lender

Washington Federal Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81024.62

Forgiveness Date

08/19/2021

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