PPP Loan information for Midstates builders, inc.

$208,857

Midstates builders, inc. was initially approved for PPP Loan of amount $208,857, the current approved amount is $208,857. The loan was approved on 04/05/2020 by The State Bank reported 19 jobs and $208,857 was used to fund payroll.

Midstates builders, inc. is Existing or more than 2 years old

PPP Loan Search / IA / SPENCER / Midstates builders, inc.

MIDSTATES BUILDERS, INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDSTATES BUILDERS, INC.

Borrower Address

520 S Grand Ave

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-5321

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208856.97

Current Approval Amount

208856.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24983

Servicing Lender Name

State Bank

Servicing Lender Address

728 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-5321

CD

IA-04

Jobs Reported

19

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

170356.97

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24983

Originating Lender

State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

210324.77

Forgiveness Date

12/28/2020

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