PPP Loan information for Midwest construction, inc

$199,500

Midwest construction, inc was initially approved for PPP Loan of amount $199,500, the current approved amount is $199,500. The loan was approved on 04/03/2020 by The American Bank & Trust reported 20 jobs and $199,500 was used to fund payroll.

Midwest construction, inc is Existing or more than 2 years old

MIDWEST CONSTRUCTION, INC

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MIDWEST CONSTRUCTION, INC

Borrower Address

1000 N GARFIELD AVE

Borrower City

PIERRE

Borrower State

SD

Borrower Zip

57501-5533

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199500.00

Current Approval Amount

199500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERRE

Project County Name

HUGHES

Project State

SD

Project Zip

57501-5533

CD

SD-

Jobs Reported

20

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4730.00

Payroll Proceed

159770.00

Mortgage Interest Proceed

35000.00

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

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201023.96

Forgiveness Date

01/07/2021

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