PPP Loan information for Midwest metal products

$1,504,192

Midwest metal products was initially approved for PPP Loan of amount $1,504,192, the current approved amount is $1,504,192. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 115 jobs and $1,504,192 was used to fund payroll.

Midwest metal products is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Midwest metal products

MIDWEST METAL PRODUCTS

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MIDWEST METAL PRODUCTS

Borrower Address

800 66TH AVE SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1504192.00

Current Approval Amount

1504192.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-0002

CD

IA-02

Jobs Reported

115

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1504192.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1519439.97

Forgiveness Date

05/12/2021

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