PPP Loan information for Midwest quality home care, inc

$1,800,000

Midwest quality home care, inc was initially approved for PPP Loan of amount $2,590,739, the current approved amount is $1,800,000. The loan was approved on 05/04/2020 by The Woodlands National Bank reported 500 jobs and $1,800,000 was used to fund payroll.

Midwest quality home care, inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Midwest quality home care, inc

MIDWEST QUALITY HOME CARE, INC

Date Approved

05/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST QUALITY HOME CARE, INC

Borrower Address

1433 East Franklin Avenue Suite 1

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55404-2101

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2590739.00

Current Approval Amount

1800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38241

Servicing Lender Name

Woodlands National Bank

Servicing Lender Address

122 E Main St

Servicing Lender City

HINCKLEY

Servicing Lender State

MN

Servicing Lender Zip

55037

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55404-2101

CD

MN-05

Jobs Reported

500

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1800000.00

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

Subchapter S Corporation

Originating Lender Location Id

38241

Originating Lender

Woodlands National Bank

Originating Lender City

HINCKLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1816150.00

Forgiveness Date

03/31/2021

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