PPP Loan information for Midwest specialty products llc

$155,900

Midwest specialty products llc was initially approved for PPP Loan of amount $155,900, the current approved amount is $155,900. The loan was approved on 04/14/2020 by The Alerus Financial, National Association reported 10 jobs and $155,900 was used to fund payroll.

Midwest specialty products llc is Existing or more than 2 years old

PPP Loan Search / MN / SHAKOPEE / Midwest specialty products llc

MIDWEST SPECIALTY PRODUCTS LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST SPECIALTY PRODUCTS LLC

Borrower Address

1301 3RD AVE WEST

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1010

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155900.00

Current Approval Amount

155900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1010

CD

MN-02

Jobs Reported

10

NAICS Code

327991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38975.00

Payroll Proceed

116925.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157177.51

Forgiveness Date

02/12/2021

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