PPP Loan information for Midland manufacturing co. inc

$380,000

Midland manufacturing co. inc was initially approved for PPP Loan of amount $380,000, the current approved amount is $380,000. The loan was approved on 02/25/2021 by The South Story Bank & Trust reported 37 jobs and $380,000 was used to fund payroll.

Midland manufacturing co. inc is Existing or more than 2 years old

PPP Loan Search / IA / Monroe / Midland manufacturing co. inc

MIDLAND MANUFACTURING CO. INC

Date Approved

02/25/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDLAND MANUFACTURING CO. INC

Borrower Address

101 E County Line Rd Midland Manufacturing Co Inc

Borrower City

Monroe

Borrower State

IA

Borrower Zip

50170-7950

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380000.00

Current Approval Amount

380000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25481

Servicing Lender Name

South Story Bank & Trust

Servicing Lender Address

501 Linn St

Servicing Lender City

SLATER

Servicing Lender State

IA

Servicing Lender Zip

50244

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MARION

Project State

IA

Project Zip

50170-7950

CD

IA-01

Jobs Reported

37

NAICS Code

326160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

380000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25481

Originating Lender

South Story Bank & Trust

Originating Lender City

SLATER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

381847.22

Forgiveness Date

08/30/2021

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