PPP Loan information for Midwest drives inc

$70,900

Midwest drives inc was initially approved for PPP Loan of amount $70,900, the current approved amount is $70,900. The loan was approved on 04/13/2020 by The St. Johns Bank and Trust Company reported 5 jobs and $70,900 was used to fund payroll.

Midwest drives inc is Existing or more than 2 years old

MIDWEST DRIVES INC

Date Approved

04/13/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MIDWEST DRIVES INC

Borrower Address

4006 Ehlmann Rd

Borrower City

SAINT PETERS

Borrower State

MO

Borrower Zip

63376-6455

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70900.00

Current Approval Amount

70900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41370

Servicing Lender Name

St. Johns Bank and Trust Company

Servicing Lender Address

8924 St. Charles Rock Rd

Servicing Lender City

SAINT LOUIS

Servicing Lender State

MO

Servicing Lender Zip

63114-4238

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PETERS

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63376-6455

CD

MO-03

Jobs Reported

5

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14526.00

Payroll Proceed

56374.00

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

Corporation

Originating Lender Location Id

41370

Originating Lender

St. Johns Bank and Trust Company

Originating Lender City

SAINT LOUIS

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71412.06

Forgiveness Date

01/07/2021

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