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Midwest Steel, INC

$10,000,000 PPP Loan in Detroit, Michigan

Loan Details

Loan Number
9284617002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$7,735,777
Forgiveness Date
Jul 27, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Midwest Steel, INC
Address
2525 E Grand Blvd
City
Detroit
State
Michigan
ZIP Code
48211-2001
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
447
Estimated Revenue
$509.3M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$10,000,000

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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