PPP Loan information for Midwest steel supply co.

$473,100

Midwest steel supply co. was initially approved for PPP Loan of amount $473,100, the current approved amount is $473,100. The loan was approved on 04/07/2020 by The Deerwood Bank reported 48 jobs and $473,100 was used to fund payroll.

Midwest steel supply co. is Existing or more than 2 years old

PPP Loan Search / MN / ROGERS / Midwest steel supply co.

MIDWEST STEEL SUPPLY CO.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST STEEL SUPPLY CO.

Borrower Address

14255 James Road

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374-9479

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473100.00

Current Approval Amount

473100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-9479

CD

MN-03

Jobs Reported

48

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18427.00

Payroll Proceed

383724.00

Mortgage Interest Proceed

0.00

Rent Proceed

44000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25219.00

Debt Interest Proceed

1730

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

476464.27

Forgiveness Date

12/23/2020

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