PPP Loan information for Mayo construction company, inc.

$1,397,500

Mayo construction company, inc. was initially approved for PPP Loan of amount $1,397,500, the current approved amount is $1,397,500. The loan was approved on 04/15/2020 by The VISIONBank reported 114 jobs and $1,397,500 was used to fund payroll.

Mayo construction company, inc. is Existing or more than 2 years old

PPP Loan Search / ND / CAVALIER / Mayo construction company, inc.

MAYO CONSTRUCTION COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MAYO CONSTRUCTION COMPANY, INC.

Borrower Address

13960 Highway 5 West

Borrower City

CAVALIER

Borrower State

ND

Borrower Zip

58220-0310

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1397500.00

Current Approval Amount

1397500.00

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

N

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

58220-0310

CD

ND-

Jobs Reported

114

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

97500.00

Payroll Proceed

1200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

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

1407204.86

Forgiveness Date

12/31/2020

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