Mid State Oil Tools, INC
$465,500 PPP Loan in Mount Pleasant, Michigan
Loan Details
- Loan Number
- 5625567001
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $465,500
- Current Approval
- $465,500
- Forgiveness Amount
- $468,574
- Forgiveness Date
- Dec 8, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mid State Oil Tools, INC
- Address
- 1934 Commercial Dr
- City
- Mount Pleasant
- State
- Michigan
- ZIP Code
- 48858-8913
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $408,000
- Rent
- $7,000
- Utilities
- $6,500
- Health Care
- $44,000
Lender Information
- Servicing Lender
- Isabella Bank
- Originating Lender
- Isabella Bank
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