PPP Loan information for Usem inc

$214,600

Usem inc was initially approved for PPP Loan of amount $214,600, the current approved amount is $214,600. The loan was approved on 04/03/2020 by The Bank Midwest reported 15 jobs and $214,600 was used to fund payroll.

Usem inc is Existing or more than 2 years old

PPP Loan Search / MN / AUSTIN / Usem inc

USEM INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

USEM INC

Borrower Address

703 17TH AVE NW

Borrower City

AUSTIN

Borrower State

MN

Borrower Zip

55912-1642

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214600.00

Current Approval Amount

214600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

MOWER

Project State

MN

Project Zip

55912-1642

CD

MN-01

Jobs Reported

15

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

214600.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216233.34

Forgiveness Date

01/13/2021

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