Midstates Builders, Inc.

$208,857 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
5303727009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$208,857
Current Approval
$208,857
Forgiveness Amount
$210,325
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Midstates Builders, Inc.
Address
520 S Grand Ave
State
Iowa
ZIP Code
51301-5321
Business Type
Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$21.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$170,357
Rent
$24,000
Utilities
$6,000
Health Care
$8,500

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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