Midwest Electric Transformer Services, INC

$63,600 PPP Loan in Newton, Kansas

Loan Details

Loan Number
6089107003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$63,600
Current Approval
$63,600
Forgiveness Amount
$64,147
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Electric Transformer Services, INC
Address
1324 N. Oliver
City
Newton
State
Kansas
ZIP Code
67114-8400
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335311)
Business Age
New Business or 2 years or less
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
KS-04

Loan Use Breakdown

Payroll
$47,700
Utilities
$15,900

Lender Information

Servicing Lender
The Citizens State Bank
Originating Lender
The Citizens State Bank

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