PPP Loan information for Midwest paint & body shop

$17,500

Midwest paint & body shop was initially approved for PPP Loan of amount $17,500, the current approved amount is $17,500. The loan was approved on 04/10/2020 by The Iowa State Bank reported 2 jobs and $17,500 was used to fund payroll.

Midwest paint & body shop is Existing or more than 2 years old

MIDWEST PAINT & BODY SHOP

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDWEST PAINT & BODY SHOP

Borrower Address

221 Blackforest Rd

Borrower City

HULL

Borrower State

IA

Borrower Zip

51239-7408

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17500.00

Current Approval Amount

17500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HULL

Project County Name

SIOUX

Project State

IA

Project Zip

51239-7408

CD

IA-04

Jobs Reported

2

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17500.00

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

Sole Proprietorship

Originating Lender Location Id

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17598.68

Forgiveness Date

11/05/2020

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