Mayo Construction Company, Inc.
$1,397,500 PPP Loan in Cavalier, North Dakota
Loan Details
- Loan Number
- 9440107103
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,397,500
- Current Approval
- $1,397,500
- Forgiveness Amount
- $1,407,205
- Forgiveness Date
- Dec 31, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mayo Construction Company, Inc.
- Address
- 13960 Highway 5 West
- City
- Cavalier
- State
- North Dakota
- ZIP Code
- 58220-0310
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Construction (237310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 114
- Estimated Revenue
- $35.3M
- Rural/Urban
- Rural
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $1,200,000
- Rent
- $50,000
- Utilities
- $97,500
- Health Care
- $50,000
Lender Information
- Servicing Lender
- Visionbank
- Originating Lender
- Visionbank
Other PPP Loans in Cavalier, ND
| Business | Approved | |
|---|---|---|
| Mayo Construction Co INC | $1,691,750 |  Research |
| Pembina County Memorial Hospital Association | $1,390,900 | Research |
| North Star Co-Op | $478,500 | Research |
| Woodside Industries Inc. | $430,840 | Research |
| Woodside Industries INC | $417,445 | Research |
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