PPP Loan information for Midwest it systems, inc.

$55,800

Midwest it systems, inc. was initially approved for PPP Loan of amount $55,800, the current approved amount is $55,800. The loan was approved on 04/06/2020 by The Profinium, Inc. reported 6 jobs and $55,800 was used to fund payroll.

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

PPP Loan Search / MN / BLUE EARTH / Midwest it systems, inc.

MIDWEST IT SYSTEMS, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST IT SYSTEMS, INC.

Borrower Address

411 GROVE ST

Borrower City

BLUE EARTH

Borrower State

MN

Borrower Zip

56013-2643

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55800.00

Current Approval Amount

55800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38950

Servicing Lender Name

Profinium, Inc.

Servicing Lender Address

414 N Fifth Ave East

Servicing Lender City

TRUMAN

Servicing Lender State

MN

Servicing Lender Zip

56088

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUE EARTH

Project County Name

FARIBAULT

Project State

MN

Project Zip

56013-2643

CD

MN-01

Jobs Reported

6

NAICS Code

541513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55800.00

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

38950

Originating Lender

Profinium, Inc.

Originating Lender City

TRUMAN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56172.00

Forgiveness Date

12/14/2020

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