PPP Loan information for Midwest construction materials inc.

$566,800

Midwest construction materials inc. was initially approved for PPP Loan of amount $566,800, the current approved amount is $566,800. The loan was approved on 04/11/2020 by The HTLF Bank reported 39 jobs and $566,800 was used to fund payroll.

Midwest construction materials inc. is Existing or more than 2 years old

MIDWEST CONSTRUCTION MATERIALS INC.

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST CONSTRUCTION MATERIALS INC.

Borrower Address

418 FINANCIAL CT

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61107-6663

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566800.00

Current Approval Amount

566800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444645

Servicing Lender Name

HTLF Bank

Servicing Lender Address

1800 Larimer St, Ste 100

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80202-1404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61107-6663

CD

IL-16

Jobs Reported

39

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

566800.00

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

Subchapter S Corporation

Originating Lender Location Id

444645

Originating Lender

HTLF Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

570247.39

Forgiveness Date

11/25/2020

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