PPP Loan information for Mid-states steel corporation

$529,845

Mid-states steel corporation was initially approved for PPP Loan of amount $529,845, the current approved amount is $529,845. The loan was approved on 02/03/2021 by The Boone Bank & Trust Co. reported 30 jobs and $529,845 was used to fund payroll.

Mid-states steel corporation is Existing or more than 2 years old

MID-STATES STEEL CORPORATION

Date Approved

02/03/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MID-STATES STEEL CORPORATION

Borrower Address

2515 Industrial Park Rd

Borrower City

Boone

Borrower State

IA

Borrower Zip

50036-3045

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

529845.00

Current Approval Amount

529845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24610

Servicing Lender Name

Boone Bank & Trust Co.

Servicing Lender Address

716 8th St

Servicing Lender City

BOONE

Servicing Lender State

IA

Servicing Lender Zip

50036-2705

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boone

Project County Name

BOONE

Project State

IA

Project Zip

50036-3045

CD

IA-04

Jobs Reported

30

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

529843.00

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

Subchapter S Corporation

Originating Lender Location Id

24610

Originating Lender

Boone Bank & Trust Co.

Originating Lender City

BOONE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

533259.56

Forgiveness Date

09/29/2021

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