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Mid-America Drilling Corp

$345,800 PPP Loan in Oakland, Iowa

Loan Details

Loan Number
1442277203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$345,800
Current Approval
$345,800
Forgiveness Amount
$348,153
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mid-America Drilling Corp
Address
202 N Main St
City
Oakland
State
Iowa
ZIP Code
51560-4186
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$345,800

Lender Information

Servicing Lender
Arbor Bank
Originating Lender
Arbor Bank

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