PPP Loan information for Midwest organics inc

$175,500

Midwest organics inc was initially approved for PPP Loan of amount $175,500, the current approved amount is $175,500. The loan was approved on 01/29/2021 by The First Midwest Bank of Dexter reported 8 jobs and $175,500 was used to fund payroll.

Midwest organics inc is Existing or more than 2 years old

MIDWEST ORGANICS INC

Date Approved

01/29/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

MIDWEST ORGANICS INC

Borrower Address

6974 State Highway Z

Borrower City

Sikeston

Borrower State

MO

Borrower Zip

63801-8121

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175500.00

Current Approval Amount

175500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40427

Servicing Lender Name

First Midwest Bank of Dexter

Servicing Lender Address

819 W Business Hwy 60

Servicing Lender City

DEXTER

Servicing Lender State

MO

Servicing Lender Zip

63841

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sikeston

Project County Name

SCOTT

Project State

MO

Project Zip

63801-8121

CD

MO-08

Jobs Reported

8

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

175498.00

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

40427

Originating Lender

First Midwest Bank of Dexter

Originating Lender City

DEXTER

Originating Lender State

MO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

176447.22

Forgiveness Date

08/23/2021

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