PPP Loan information for Midwest industries, inc

$2,769,100

Midwest industries, inc was initially approved for PPP Loan of amount $2,618,900, the current approved amount is $2,769,100. The loan was approved on 04/05/2020 by The Iowa State Bank reported 266 jobs and $2,769,100 was used to fund payroll.

Midwest industries, inc is Existing or more than 2 years old

PPP Loan Search / IA / IDA GROVE / Midwest industries, inc

MIDWEST INDUSTRIES, INC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDWEST INDUSTRIES, INC

Borrower Address

122 E State Hwy 175

Borrower City

IDA GROVE

Borrower State

IA

Borrower Zip

51445

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2618900.00

Current Approval Amount

2769100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IDA GROVE

Project County Name

IDA

Project State

IA

Project Zip

51445-0001

CD

IA-04

Jobs Reported

266

NAICS Code

336612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2769100.00

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2801636.92

Forgiveness Date

06/11/2021

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