Midstate Electric
$79,954 PPP Loan in Socorro, New Mexico
Loan Details
- Loan Number
- 3756117105
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $79,954
- Current Approval
- $79,954
- Forgiveness Amount
- $81,025
- Forgiveness Date
- Aug 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midstate Electric
- Address
- 926 Ake Ave
- City
- Socorro
- State
- New Mexico
- ZIP Code
- 87801-4702
- Business Type
- Sole Proprietorship
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- NM-02
Loan Use Breakdown
- Payroll
- $59,966
- Utilities
- $19,989
Lender Information
- Servicing Lender
- Washington Federal Bank D/b/a Wafd Bank
- Originating Lender
- Washington Federal Bank D/b/a Wafd Bank
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