PPP Loan information for Midwest metal products co

$1,499,990

Midwest metal products co was initially approved for PPP Loan of amount $1,499,990, the current approved amount is $1,499,990. The loan was approved on 02/07/2021 by The Wells Fargo Bank, National Association reported 108 jobs and $1,499,990 was used to fund payroll.

Midwest metal products co is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Midwest metal products co

MIDWEST METAL PRODUCTS CO

Date Approved

02/07/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MIDWEST METAL PRODUCTS CO

Borrower Address

800 66th Ave SW

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404-4709

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1499990.00

Current Approval Amount

1499990.00

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

52404-4709

CD

IA-02

Jobs Reported

108

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1499990.00

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

1512647.45

Forgiveness Date

12/14/2021

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