PPP Loan information for Midwest machining inc

$40,100

Midwest machining inc was initially approved for PPP Loan of amount $40,200, the current approved amount is $40,100. The loan was approved on 04/05/2020 by The Citizens Bank Minnesota reported 3 jobs and $40,100 was used to fund payroll.

Midwest machining inc is Existing or more than 2 years old

MIDWEST MACHINING INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST MACHINING INC

Borrower Address

218 BENZEL AVE NW

Borrower City

MADELIA

Borrower State

MN

Borrower Zip

56062-1426

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40200.00

Current Approval Amount

40100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38679

Servicing Lender Name

Citizens Bank Minnesota

Servicing Lender Address

105 N Minnesota St

Servicing Lender City

NEW ULM

Servicing Lender State

MN

Servicing Lender Zip

56073-1729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADELIA

Project County Name

WATONWAN

Project State

MN

Project Zip

56062-1426

CD

MN-01

Jobs Reported

3

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40100.00

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

Corporation

Originating Lender Location Id

38679

Originating Lender

Citizens Bank Minnesota

Originating Lender City

NEW ULM

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37340.12

Forgiveness Date

12/07/2020

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