PPP Loan information for The midwest grip and lighting co

$318,300

The midwest grip and lighting co was initially approved for PPP Loan of amount $318,300, the current approved amount is $318,300. The loan was approved on 04/07/2020 by The Commerce Bank reported 24 jobs and $318,300 was used to fund payroll.

The midwest grip and lighting co is Existing or more than 2 years old

THE MIDWEST GRIP AND LIGHTING CO

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

THE MIDWEST GRIP AND LIGHTING CO

Borrower Address

5836 HIGHLAND RIDGE DR

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45232-1440

Loan Status Date

Loan Status

Exemption 4

Term

61

SBA Guaranty Percentage

100

Initial Approval Amount

318300.00

Current Approval Amount

318300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CINCINNATI

Project County Name

HAMILTON

Project State

OH

Project Zip

45232-1440

CD

OH-01

Jobs Reported

24

NAICS Code

532490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8925.00

Payroll Proceed

238725.00

Mortgage Interest Proceed

2502.00

Rent Proceed

68148.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

152209.47

Forgiveness Date

05/02/2022

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