PPP Loan information for Midwest energy association

$408,882

Midwest energy association was initially approved for PPP Loan of amount $408,882, the current approved amount is $408,882. The loan was approved on 03/12/2021 by The U.S. Bank, National Association reported 20 jobs and $408,882 was used to fund payroll.

Midwest energy association is Existing or more than 2 years old

PPP Loan Search / MN / Bloomington / Midwest energy association

MIDWEST ENERGY ASSOCIATION

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST ENERGY ASSOCIATION

Borrower Address

7825 Telegraph Rd

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55438-1133

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

408882.00

Current Approval Amount

408882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55438-1133

CD

MN-03

Jobs Reported

20

NAICS Code

221210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

408882.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

410903.69

Forgiveness Date

09/10/2021

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