PPP Loan information for Midwest automation and custom fabrication, inc.

$1,334,300

Midwest automation and custom fabrication, inc. was initially approved for PPP Loan of amount $1,334,300, the current approved amount is $1,334,300. The loan was approved on 04/08/2020 by The The First National Bank of Fort Smith reported 82 jobs and $1,334,300 was used to fund payroll.

Midwest automation and custom fabrication, inc. is New Business or 2 years or less

MIDWEST AUTOMATION AND CUSTOM FABRICATION, INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MIDWEST AUTOMATION AND CUSTOM FABRICATION, INC.

Borrower Address

2100 WHEELER AVE

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901-5422

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1334300.00

Current Approval Amount

1334300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-5422

CD

AR-03

Jobs Reported

82

NAICS Code

333922

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62500.00

Payroll Proceed

1146800.00

Mortgage Interest Proceed

0.00

Rent Proceed

125000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1347240.88

Forgiveness Date

04/06/2021

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