PPP Loan information for Midway electric inc

$20,100

Midway electric inc was initially approved for PPP Loan of amount $20,100, the current approved amount is $20,100. The loan was approved on 04/16/2020 by The First National Bank & Trust Co reported 2 jobs and $20,100 was used to fund payroll.

Midway electric inc is Existing or more than 2 years old

MIDWAY ELECTRIC INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDWAY ELECTRIC INC

Borrower Address

3723 MOON LAKE DR

Borrower City

IRON MOUNTAIN

Borrower State

MI

Borrower Zip

49801-9323

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20100.00

Current Approval Amount

20100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRON MOUNTAIN

Project County Name

DICKINSON

Project State

MI

Project Zip

49801-9323

CD

MI-01

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20100.00

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

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20188.11

Forgiveness Date

11/02/2020

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