PPP Loan information for Midwest elevator & drilling inc

$269,200

Midwest elevator & drilling inc was initially approved for PPP Loan of amount $269,200, the current approved amount is $269,200. The loan was approved on 04/07/2020 by The HomeTown Bank reported 11 jobs and $269,200 was used to fund payroll.

Midwest elevator & drilling inc is Existing or more than 2 years old

MIDWEST ELEVATOR & DRILLING INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST ELEVATOR & DRILLING INC

Borrower Address

5680 COUNTY ROAD 10

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387-9650

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269200.00

Current Approval Amount

269200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88597

Servicing Lender Name

HomeTown Bank

Servicing Lender Address

1000 E Cook St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACONIA

Project County Name

CARVER

Project State

MN

Project Zip

55387-9650

CD

MN-06

Jobs Reported

11

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

269200.00

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

88597

Originating Lender

HomeTown Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

272176.16

Forgiveness Date

05/21/2021

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