PPP Loan information for Midway iron & metal co inc

$387,670

Midway iron & metal co inc was initially approved for PPP Loan of amount $387,670, the current approved amount is $387,670. The loan was approved on 01/16/2021 by The American Heritage National Bank reported 39 jobs and $387,670 was used to fund payroll.

Midway iron & metal co inc is Existing or more than 2 years old

PPP Loan Search / MN / Saint Cloud / Midway iron & metal co inc

MIDWAY IRON & METAL CO INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWAY IRON & METAL CO INC

Borrower Address

648 Lincoln Ave NE

Borrower City

Saint Cloud

Borrower State

MN

Borrower Zip

56304-0248

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

387670.00

Current Approval Amount

387670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saint Cloud

Project County Name

BENTON

Project State

MN

Project Zip

56304-0248

CD

MN-06

Jobs Reported

39

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

387670.00

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

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

390717.52

Forgiveness Date

11/05/2021

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