PPP Loan information for Midwest machine and engineering

$55,000

Midwest machine and engineering was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 6 jobs and $55,000 was used to fund payroll.

Midwest machine and engineering is Existing or more than 2 years old

PPP Loan Search / IA / MUSCATINE / Midwest machine and engineering

MIDWEST MACHINE AND ENGINEERING

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MIDWEST MACHINE AND ENGINEERING

Borrower Address

109 PINE ST

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-3706

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-3706

CD

IA-01

Jobs Reported

6

NAICS Code

333519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5500.00

Payroll Proceed

44000.00

Mortgage Interest Proceed

5500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55404.86

Forgiveness Date

01/07/2021

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