PPP Loan information for Midbrod electric inc

$137,200

Midbrod electric inc was initially approved for PPP Loan of amount $137,200, the current approved amount is $137,200. The loan was approved on 02/01/2021 by The MidWestOne Bank reported 13 jobs and $137,200 was used to fund payroll.

Midbrod electric inc is Existing or more than 2 years old

PPP Loan Search / MN / Stillwater / Midbrod electric inc

MIDBROD ELECTRIC INC

Date Approved

02/01/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MIDBROD ELECTRIC INC

Borrower Address

5627 Memorial Ave N

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082-1092

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

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

55082-1092

CD

MN-04

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

137198.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138282.36

Forgiveness Date

11/16/2021

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