PPP Loan information for Midwest bus parts, inc.

$130,800

Midwest bus parts, inc. was initially approved for PPP Loan of amount $130,800, the current approved amount is $130,800. The loan was approved on 04/07/2020 by The CorTrust Bank National Association reported 14 jobs and $130,800 was used to fund payroll.

Midwest bus parts, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BIG LAKE / Midwest bus parts, inc.

MIDWEST BUS PARTS, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST BUS PARTS, INC.

Borrower Address

575 HUMBOLDT DR

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-9466

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130800.00

Current Approval Amount

130800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG LAKE

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-9466

CD

MN-06

Jobs Reported

14

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16350.00

Payroll Proceed

98100.00

Mortgage Interest Proceed

16350.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131832.07

Forgiveness Date

01/28/2021

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