PPP Loan information for Midamerican aerospace ltd

$1,007,511

Midamerican aerospace ltd was initially approved for PPP Loan of amount $1,007,511, the current approved amount is $1,007,511. The loan was approved on 02/03/2021 by The Bankers Trust Company reported 46 jobs and $1,007,511 was used to fund payroll.

Midamerican aerospace ltd is Existing or more than 2 years old

MIDAMERICAN AEROSPACE LTD

Date Approved

02/03/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MIDAMERICAN AEROSPACE LTD

Borrower Address

2727 16th Ave SW

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404-1633

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1007510.92

Current Approval Amount

1007510.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24841

Servicing Lender Name

Bankers Trust Company

Servicing Lender Address

453 7th St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-4110

Rural Urban Indicator

U

Hubzone Indicator

N

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

52404-1633

CD

IA-02

Jobs Reported

46

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1007507.92

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

Subchapter S Corporation

Originating Lender Location Id

24841

Originating Lender

Bankers Trust Company

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1014577.30

Forgiveness Date

10/19/2021

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