PPP Loan information for Midwest manufacturing componets inc.

$615,400

Midwest manufacturing componets inc. was initially approved for PPP Loan of amount $615,400, the current approved amount is $615,400. The loan was approved on 01/22/2021 by The Premier Bank reported 64 jobs and $615,400 was used to fund payroll.

Midwest manufacturing componets inc. is Existing or more than 2 years old

MIDWEST MANUFACTURING COMPONETS INC.

Date Approved

01/22/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

MIDWEST MANUFACTURING COMPONETS INC.

Borrower Address

109 Iowa St

Borrower City

Alcester

Borrower State

SD

Borrower Zip

57001-7700

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

615400.00

Current Approval Amount

615400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121393

Servicing Lender Name

Premier Bank

Servicing Lender Address

1004 21st Ave

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1446

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alcester

Project County Name

UNION

Project State

SD

Project Zip

57001-7700

CD

SD-

Jobs Reported

64

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

615397.00

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

121393

Originating Lender

Premier Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

618647.94

Forgiveness Date

08/11/2021

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