PPP Loan information for Midwest drilling and blasting inc.

$98,745

Midwest drilling and blasting inc. was initially approved for PPP Loan of amount $98,745, the current approved amount is $98,745. The loan was approved on 04/07/2020 by The The Farmers & Merchants Bank reported 8 jobs and $98,745 was used to fund payroll.

Midwest drilling and blasting inc. is Existing or more than 2 years old

MIDWEST DRILLING AND BLASTING INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MIDWEST DRILLING AND BLASTING INC.

Borrower Address

N8621 5th Road

Borrower City

WESTFIELD

Borrower State

WI

Borrower Zip

53964-8613

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98745.00

Current Approval Amount

98745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75639

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

123 W Huron St

Servicing Lender City

BERLIN

Servicing Lender State

WI

Servicing Lender Zip

54923-1516

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

MARQUETTE

Project State

WI

Project Zip

53964-8613

CD

WI-06

Jobs Reported

8

NAICS Code

212322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

95745.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

75639

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

BERLIN

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99565.13

Forgiveness Date

02/09/2021

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