PPP Loan information for Midwest lock inc

$27,951

Midwest lock inc was initially approved for PPP Loan of amount $27,951, the current approved amount is $27,951. The loan was approved on 03/04/2021 by The Bank Iowa reported 4 jobs and $27,951 was used to fund payroll.

Midwest lock inc is Existing or more than 2 years old

MIDWEST LOCK INC

Date Approved

03/04/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MIDWEST LOCK INC

Borrower Address

8986 NE 38th Ave

Borrower City

Altoona

Borrower State

IA

Borrower Zip

50009-8811

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27951.00

Current Approval Amount

27951.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Altoona

Project County Name

POLK

Project State

IA

Project Zip

50009-8811

CD

IA-03

Jobs Reported

4

NAICS Code

811211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27948.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

28076.00

Forgiveness Date

08/17/2021

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