PPP Loan information for Midwest foam and insulation, inc.

$87,500

Midwest foam and insulation, inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/07/2020 by The First Bank reported 10 jobs and $87,500 was used to fund payroll.

Midwest foam and insulation, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR FALLS / Midwest foam and insulation, inc.

MIDWEST FOAM AND INSULATION, INC.

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MIDWEST FOAM AND INSULATION, INC.

Borrower Address

1040 W Cedar Wapsie Rd

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613-9747

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-9747

CD

IA-02

Jobs Reported

10

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87976.39

Forgiveness Date

11/02/2020

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