PPP Loan information for Midbrod electric

$137,200

Midbrod electric was initially approved for PPP Loan of amount $137,200, the current approved amount is $137,200. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 13 jobs and $137,200 was used to fund payroll.

Midbrod electric is Existing or more than 2 years old

PPP Loan Search / MN / STILLWATER / Midbrod electric

MIDBROD ELECTRIC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDBROD ELECTRIC

Borrower Address

5627 Memorial Ave

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137200.00

Current Approval Amount

137200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-0001

CD

MN-04

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8575.00

Payroll Proceed

102900.00

Mortgage Interest Proceed

8575.00

Rent Proceed

8575.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8575.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138366.20

Forgiveness Date

02/17/2021

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