PPP Loan information for Midwest scrap management inc.

$1,012,414

Midwest scrap management inc. was initially approved for PPP Loan of amount $1,012,414, the current approved amount is $1,012,414. The loan was approved on 04/26/2021 by The First Interstate Bank reported 63 jobs and $1,012,414 was used to fund payroll.

Midwest scrap management inc. is Existing or more than 2 years old

MIDWEST SCRAP MANAGEMENT INC.

Date Approved

04/26/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

MIDWEST SCRAP MANAGEMENT INC.

Borrower Address

8116 Wilson Rd

Borrower City

Kansas City

Borrower State

MO

Borrower Zip

64125-1327

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1012414.00

Current Approval Amount

1012414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

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

JACKSON

Project State

MO

Project Zip

64125-1327

CD

MO-05

Jobs Reported

63

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1012411.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1018543.96

Forgiveness Date

12/14/2021

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