PPP Loan information for Midwest development & investment corporation

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MIDWEST DEVELOPMENT & INVESTMENT CORPORATION

Borrower Address

1680 HIGHWAY 1, STE 2920

Borrower City

FAIRFIELD

Borrower State

IA

Borrower Zip

52556-9112

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19000.00

Current Approval Amount

19000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20402

Servicing Lender Name

Heartland Bank and Trust Company

Servicing Lender Address

401 N Hershey Rd

Servicing Lender City

BLOOMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61704-3742

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

IA

Project Zip

52556-9112

CD

IA-01

Jobs Reported

2

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14250.00

Mortgage Interest Proceed

0.00

Rent Proceed

4750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20402

Originating Lender

Heartland Bank and Trust Company

Originating Lender City

BLOOMINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19124.03

Forgiveness Date

12/08/2020