Mid-States Utility Trailer Sales, Inc.

$575,000 PPP Loan in Sioux City, Iowa

Loan Details

Loan Number
5122897004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$575,000
Current Approval
$575,000
Forgiveness Amount
$579,488
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mid-States Utility Trailer Sales, Inc.
Address
5220 Harbor Drive
State
Iowa
ZIP Code
51111-1117
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423860)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$28.5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$460,000
Rent
$64,930
Utilities
$9,069
Health Care
$30,534
Debt Interest
$10,467

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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