PPP Loan information for Midwest specialized transportation, inc.

$1,097,800

Midwest specialized transportation, inc. was initially approved for PPP Loan of amount $1,097,800, the current approved amount is $1,097,800. The loan was approved on 04/08/2020 by The Sentry Bank reported 85 jobs and $1,097,800 was used to fund payroll.

Midwest specialized transportation, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Midwest specialized transportation, inc.

MIDWEST SPECIALIZED TRANSPORTATION, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST SPECIALIZED TRANSPORTATION, INC.

Borrower Address

4515 Morris Lane NE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-6215

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1097800.00

Current Approval Amount

1097800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-6215

CD

MN-01

Jobs Reported

85

NAICS Code

484230

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

109780.00

Payroll Proceed

823350.00

Mortgage Interest Proceed

164670.00

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

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

826188.89

Forgiveness Date

11/10/2020

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