PPP Loan information for Midwest distributors co., inc.

$772,000

Midwest distributors co., inc. was initially approved for PPP Loan of amount $972,065, the current approved amount is $772,000. The loan was approved on 04/14/2020 by The Community First Bank reported 74 jobs and $772,000 was used to fund payroll.

Midwest distributors co., inc. is Existing or more than 2 years old

MIDWEST DISTRIBUTORS CO., INC.

Date Approved

04/14/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MIDWEST DISTRIBUTORS CO., INC.

Borrower Address

6501 KANSAS AVE

Borrower City

KANSAS CITY

Borrower State

KS

Borrower Zip

66111-2312

Loan Status Date

01/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

972065.00

Current Approval Amount

772000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26068

Servicing Lender Name

Community First Bank

Servicing Lender Address

650 Kansas Ave

Servicing Lender City

KANSAS CITY

Servicing Lender State

KS

Servicing Lender Zip

66105-1328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KANSAS CITY

Project County Name

WYANDOTTE

Project State

KS

Project Zip

66111-2312

CD

KS-03

Jobs Reported

74

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

121508.13

Payroll Proceed

528983.75

Mortgage Interest Proceed

0.00

Rent Proceed

121508.12

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

26068

Originating Lender

Community First Bank

Originating Lender City

KANSAS CITY

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

776246.00

Forgiveness Date

11/05/2020

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