PPP Loan information for Midwest engineered systems inc.

$2,000,000

Midwest engineered systems inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Ixonia Bank reported 101 jobs and $2,000,000 was used to fund payroll.

Midwest engineered systems inc. is Existing or more than 2 years old

PPP Loan Search / WI / Waukesha / Midwest engineered systems inc.

MIDWEST ENGINEERED SYSTEMS INC.

Date Approved

02/17/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MIDWEST ENGINEERED SYSTEMS INC.

Borrower Address

W238N1800 Rockwood Dr

Borrower City

Waukesha

Borrower State

WI

Borrower Zip

53188-1113

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76017

Servicing Lender Name

Ixonia Bank

Servicing Lender Address

W1046 Marietta Ave

Servicing Lender City

IXONIA

Servicing Lender State

WI

Servicing Lender Zip

53036-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waukesha

Project County Name

WAUKESHA

Project State

WI

Project Zip

53188-1113

CD

WI-05

Jobs Reported

101

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

76017

Originating Lender

Ixonia Bank

Originating Lender City

IXONIA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2014722.22

Forgiveness Date

11/24/2021

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