PPP Loan information for Midwest information systems

$178,000

Midwest information systems was initially approved for PPP Loan of amount $178,000, the current approved amount is $178,000. The loan was approved on 04/04/2020 by The American Bank & Trust reported 10 jobs and $178,000 was used to fund payroll.

Midwest information systems is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Midwest information systems

MIDWEST INFORMATION SYSTEMS

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MIDWEST INFORMATION SYSTEMS

Borrower Address

4903 RIVER CREST RD

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-8069

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178000.00

Current Approval Amount

178000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-8069

CD

ND-

Jobs Reported

10

NAICS Code

515112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

170000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

179201.50

Forgiveness Date

12/09/2020

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