Midbrod Electric

$137,200 PPP Loan in Stillwater, Minnesota

Loan Details

Loan Number
3198487105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$137,200
Current Approval
$137,200
Forgiveness Amount
$138,366
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midbrod Electric
Address
5627 Memorial Ave
ZIP Code
55082
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$102,900
Rent
$8,575
Utilities
$8,575
Health Care
$8,575
Mortgage Interest
$8,575

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

Other PPP Loans in Stillwater, MN

BusinessApproved
W Zintl Construction INC$2,740,300NewBizBotAI Deep Dive
Bluestone Management Services LLC$2,572,100NewBizBotAI Deep Dive
W. Zintl Construction Inc.$2,000,000NewBizBotAI Deep Dive
Modernistic INC$1,509,876NewBizBotAI Deep Dive
St Croix Preparatory Academy$1,413,080NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free