PPP Loan information for Midwestern trading, inc

$1,073,000

Midwestern trading, inc was initially approved for PPP Loan of amount $1,073,900, the current approved amount is $1,073,000. The loan was approved on 04/03/2020 by The Farmers State Bank reported 81 jobs and $1,073,000 was used to fund payroll.

Midwestern trading, inc is Existing or more than 2 years old

MIDWESTERN TRADING, INC

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MIDWESTERN TRADING, INC

Borrower Address

4515 20TH AVE SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-1224

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1073900.00

Current Approval Amount

1073000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-1224

CD

IA-02

Jobs Reported

81

NAICS Code

541614

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

973000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1082001.28

Forgiveness Date

02/10/2021

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