BATES UTILITY COMPANY INC (MO) - 2020 PPP Loan Borrower Profile (# 7275658401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BATES UTILITY COMPANY INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Missouri.

Loan Detail

Loan Number

7275658401

SBA Office Code

0768

Processing Method

PPS

Curent Loan Amount

$400,000

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$402,877.78

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

399,999

Lender

First Mid Bank and Trust National Association

Business Detail

Business Type

Corporation

NAICS

237110

Borrower Location

Weldon Spring, MO

Project Location

Weldon Spring, MO

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.