PPP Loan information for Midwest business promotions inc

$15,700

Midwest business promotions inc was initially approved for PPP Loan of amount $15,700, the current approved amount is $15,700. The loan was approved on 04/10/2020 by The Deerwood Bank reported 3 jobs and $15,700 was used to fund payroll.

Midwest business promotions inc is Existing or more than 2 years old

PPP Loan Search / MN / ALEXANDRIA / Midwest business promotions inc

MIDWEST BUSINESS PROMOTIONS INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST BUSINESS PROMOTIONS INC

Borrower Address

306 Voyager Dr

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-3094

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15700.00

Current Approval Amount

15700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-3094

CD

MN-07

Jobs Reported

3

NAICS Code

541890

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14700.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15788.97

Forgiveness Date

11/12/2020

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