PPP Loan information for Zayic concrete inc

$158,000

Zayic concrete inc was initially approved for PPP Loan of amount $158,000, the current approved amount is $158,000. The loan was approved on 04/04/2020 by The Midwest Bank reported 20 jobs and $158,000 was used to fund payroll.

Zayic concrete inc is Existing or more than 2 years old

ZAYIC CONCRETE INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ZAYIC CONCRETE INC

Borrower Address

28627 STATE HIGHWAY 34

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-7591

Loan Status Date

02/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158000.00

Current Approval Amount

158000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-7591

CD

MN-07

Jobs Reported

20

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158000.00

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

Subchapter S Corporation

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159238.03

Forgiveness Date

01/26/2021

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