PPP Loan information for Midway automotive inc.

$40,245

Midway automotive inc. was initially approved for PPP Loan of amount $40,245, the current approved amount is $40,245. The loan was approved on 02/24/2021 by The Frandsen Bank & Trust reported 4 jobs and $40,245 was used to fund payroll.

Midway automotive inc. is Existing or more than 2 years old

MIDWAY AUTOMOTIVE INC.

Date Approved

02/24/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MIDWAY AUTOMOTIVE INC.

Borrower Address

15696 W State Road 27 70

Borrower City

Stone Lake

Borrower State

WI

Borrower Zip

54876-3030

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40245.00

Current Approval Amount

40245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Stone Lake

Project County Name

SAWYER

Project State

WI

Project Zip

54876-3030

CD

WI-07

Jobs Reported

4

NAICS Code

811111

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40242.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40450.08

Forgiveness Date

09/08/2021

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