PPP Loan information for Midwest electrical & energy solutions inc.

$151,882

Midwest electrical & energy solutions inc. was initially approved for PPP Loan of amount $151,882, the current approved amount is $151,882. The loan was approved on 01/20/2021 by The Farmers Trust and Savings Bank reported 12 jobs and $151,882 was used to fund payroll.

Midwest electrical & energy solutions inc. is Existing or more than 2 years old

PPP Loan Search / IA / Spencer / Midwest electrical & energy solutions inc.

MIDWEST ELECTRICAL & ENERGY SOLUTIONS INC.

Date Approved

01/20/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MIDWEST ELECTRICAL & ENERGY SOLUTIONS INC.

Borrower Address

2601 Highway Blvd

Borrower City

Spencer

Borrower State

IA

Borrower Zip

51301-2106

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

151881.92

Current Approval Amount

151881.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

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

51301-2106

CD

IA-04

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

151880.92

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

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152531.64

Forgiveness Date

07/02/2021

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