PPP Loan information for Mayo construction co inc

$1,691,750

Mayo construction co inc was initially approved for PPP Loan of amount $1,691,750, the current approved amount is $1,691,750. The loan was approved on 03/26/2021 by The VISIONBank reported 100 jobs and $1,691,750 was used to fund payroll.

Mayo construction co inc is Existing or more than 2 years old

PPP Loan Search / ND / Cavalier / Mayo construction co inc

MAYO CONSTRUCTION CO INC

Date Approved

03/26/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

MAYO CONSTRUCTION CO INC

Borrower Address

13960 Highway 5

Borrower City

Cavalier

Borrower State

ND

Borrower Zip

58220-9502

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1691750.00

Current Approval Amount

1691750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cavalier

Project County Name

PEMBINA

Project State

ND

Project Zip

58220-9502

CD

ND-

Jobs Reported

100

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1691750.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1700537.70

Forgiveness Date

10/06/2021

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