PPP Loan information for Midwest construction and supply inc

$263,600

Midwest construction and supply inc was initially approved for PPP Loan of amount $323,800, the current approved amount is $263,600. The loan was approved on 04/08/2020 by The First Citizens Bank reported 33 jobs and $263,600 was used to fund payroll.

Midwest construction and supply inc is Existing or more than 2 years old

MIDWEST CONSTRUCTION AND SUPPLY INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDWEST CONSTRUCTION AND SUPPLY INC

Borrower Address

1601 S TAFT AVE

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-5536

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323800.00

Current Approval Amount

263600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-5536

CD

IA-02

Jobs Reported

33

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

197700.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35900.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265328.04

Forgiveness Date

12/10/2020

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