Midwest Expanded Metal, Inc.

$277,800 PPP Loan in Waconia, Minnesota

Loan Details

Loan Number
8901397010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$277,800
Current Approval
$277,800
Forgiveness Amount
$279,999
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Expanded Metal, Inc.
Address
301 Industrial Blvd
ZIP Code
55387-1739
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$261,800
Utilities
$6,000
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Citizens State Bank Norwood Young America
Originating Lender
Citizens State Bank Norwood Young America

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