Midwest Borings INC

$156,500 PPP Loan in Clear Lake, Minnesota

Loan Details

Loan Number
1655768306
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$156,500
Current Approval
$156,500
Forgiveness Amount
$157,195
Forgiveness Date
Jul 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Midwest Borings INC
Address
13386 County Rd 3
ZIP Code
55319
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$156,495
Utilities
$1

Lender Information

Servicing Lender
The Bank of Elk River
Originating Lender
The Bank of Elk River

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