PPP Loan information for Bates utility company inc

$400,000

Bates utility company inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 02/11/2021 by The First Mid Bank & Trust, National Association reported 32 jobs and $400,000 was used to fund payroll.

Bates utility company inc is Existing or more than 2 years old

BATES UTILITY COMPANY INC

Date Approved

02/11/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

BATES UTILITY COMPANY INC

Borrower Address

841 Westwood Industrial Park Dr

Borrower City

Weldon Spring

Borrower State

MO

Borrower Zip

63304-4579

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Weldon Spring

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63304-4579

CD

MO-02

Jobs Reported

32

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

399999.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402877.78

Forgiveness Date

11/03/2021

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