Midwestern Trading, INC

$1,073,900 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
4508847009
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,073,900
Current Approval
$1,073,000
Forgiveness Amount
$1,082,001
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwestern Trading, INC
Address
4515 20th Ave SW
State
Iowa
ZIP Code
52404-1224
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541614)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$973,000
Rent
$70,000
Utilities
$10,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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