PPP Loan information for Midwest financial partners inc

$288,500

Midwest financial partners inc was initially approved for PPP Loan of amount $288,500, the current approved amount is $288,500. The loan was approved on 04/07/2020 by The Deerwood Bank reported 18 jobs and $288,500 was used to fund payroll.

Midwest financial partners inc is Existing or more than 2 years old

MIDWEST FINANCIAL PARTNERS INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST FINANCIAL PARTNERS INC

Borrower Address

912 W St Germain St #201

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-3401

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288500.00

Current Approval Amount

288500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-3401

CD

MN-06

Jobs Reported

18

NAICS Code

523930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

900.00

Payroll Proceed

216400.00

Mortgage Interest Proceed

0.00

Rent Proceed

11300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59900.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

290391.28

Forgiveness Date

12/08/2020

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