PPP Loan information for Midwest pipe supply

$113,400

Midwest pipe supply was initially approved for PPP Loan of amount $113,400, the current approved amount is $113,400. The loan was approved on 04/09/2020 by The Reliance State Bank reported 13 jobs and $113,400 was used to fund payroll.

Midwest pipe supply is Existing or more than 2 years old

MIDWEST PIPE SUPPLY

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDWEST PIPE SUPPLY

Borrower Address

11196 265th Street

Borrower City

Clear Lake

Borrower State

IA

Borrower Zip

50428-8538

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113400.00

Current Approval Amount

113400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25511

Servicing Lender Name

Reliance State Bank

Servicing Lender Address

606 Broad St

Servicing Lender City

STORY CITY

Servicing Lender State

IA

Servicing Lender Zip

50248-1226

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clear Lake

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-8538

CD

IA-02

Jobs Reported

13

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

28350.00

Payroll Proceed

85050.00

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

25511

Originating Lender

Reliance State Bank

Originating Lender City

STORY CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114735.95

Forgiveness Date

06/15/2021

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