PPP Loan information for Midwest thermal insulation, inc.

$1,804,700

Midwest thermal insulation, inc. was initially approved for PPP Loan of amount $1,804,700, the current approved amount is $1,804,700. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 115 jobs and $1,804,700 was used to fund payroll.

Midwest thermal insulation, inc. is Existing or more than 2 years old

MIDWEST THERMAL INSULATION, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MIDWEST THERMAL INSULATION, INC.

Borrower Address

3205 W 76TH ST

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52806-1000

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1804700.00

Current Approval Amount

1804700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52806-1000

CD

IA-01

Jobs Reported

115

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1804700.00

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

Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1814776.24

Forgiveness Date

11/03/2020

;