NewBizBot
Try for Free

Midwest Automatic Products INC

$155,300 PPP Loan in Melrose, Minnesota

Loan Details

Loan Number
9755987005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$155,300
Current Approval
$155,300
Forgiveness Amount
$156,198
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Automatic Products INC
Address
15 5th Ave NE
City
Melrose
State
Minnesota
ZIP Code
56352-1037
Business Type
Corporation
Industry (NAICS)
Manufacturing (336390)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$140,300
Rent
$5,000
Utilities
$10,000

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

Other PPP Loans in Melrose, MN

BusinessApproved
Leedstone, INC$1,875,000NewBizBotResearch
Melrose Electric, INC$761,700NewBizBotResearch
Rahn's Oil & Propane Inc.$724,471NewBizBotResearch
Rahn's Oil & Propane, Inc.$661,000NewBizBotResearch
Commercial Contractors Co. of Melrose, Inc.$425,200NewBizBotResearch

Want to research this company further?

Try NewBizBot free