PPP Loan information for Usem inc.

$200,208

Usem inc. was initially approved for PPP Loan of amount $200,208, the current approved amount is $200,208. The loan was approved on 01/29/2021 by The Bank Midwest reported 15 jobs and $200,208 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

01/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

USEM INC.

Borrower Address

703 17th Ave NW

Borrower City

Austin

Borrower State

MN

Borrower Zip

55912-1839

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200208.00

Current Approval Amount

200208.00

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

55912-1839

CD

MN-01

Jobs Reported

15

NAICS Code

444110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

200206.00

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

201998.75

Forgiveness Date

12/21/2021

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