PPP Loan information for Midwest electric and generator, inc

$140,600

Midwest electric and generator, inc was initially approved for PPP Loan of amount $140,600, the current approved amount is $140,600. The loan was approved on 04/15/2020 by The Reliance Bank reported 13 jobs and $140,600 was used to fund payroll.

Midwest electric and generator, inc is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Midwest electric and generator, inc

MIDWEST ELECTRIC AND GENERATOR, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST ELECTRIC AND GENERATOR, INC

Borrower Address

10215 TWIN LAKES RD

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-2140

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140600.00

Current Approval Amount

140600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449710

Servicing Lender Name

Reliance Bank

Servicing Lender Address

2300 NW 30th St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-1938

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-2140

CD

MN-06

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

140600.00

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

449710

Originating Lender

Reliance Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141998.30

Forgiveness Date

04/22/2021

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