PPP Loan information for Midwest tank company

$213,877

Midwest tank company was initially approved for PPP Loan of amount $213,877, the current approved amount is $213,877. The loan was approved on 05/01/2020 by The Minnesota Lakes Bank reported 15 jobs and $213,877 was used to fund payroll.

Midwest tank company is Unanswered

MIDWEST TANK COMPANY

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST TANK COMPANY

Borrower Address

17368 197TH AVE NW

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-9022

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213877.00

Current Approval Amount

213877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BIG LAKE

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-9022

CD

MN-06

Jobs Reported

15

NAICS Code

332420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7379.00

Payroll Proceed

195159.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11339.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

215528.61

Forgiveness Date

02/11/2021

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