PPP Loan information for Midwest electric service inc

$183,800

Midwest electric service inc was initially approved for PPP Loan of amount $183,800, the current approved amount is $183,800. The loan was approved on 04/03/2020 by The Peoples Bank and Trust Company reported 14 jobs and $183,800 was used to fund payroll.

Midwest electric service inc is Existing or more than 2 years old

MIDWEST ELECTRIC SERVICE INC

Date Approved

04/03/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

MIDWEST ELECTRIC SERVICE INC

Borrower Address

621 N HICKORY ST

Borrower City

MCPHERSON

Borrower State

KS

Borrower Zip

67460-3229

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183800.00

Current Approval Amount

183800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26165

Servicing Lender Name

Peoples Bank and Trust Company

Servicing Lender Address

101 S Main St

Servicing Lender City

MCPHERSON

Servicing Lender State

KS

Servicing Lender Zip

67460-4842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCPHERSON

Project County Name

MCPHERSON

Project State

KS

Project Zip

67460-3229

CD

KS-01

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16550.00

Payroll Proceed

137250.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

26165

Originating Lender

Peoples Bank and Trust Company

Originating Lender City

MCPHERSON

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185149.55

Forgiveness Date

01/07/2021

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