# PPP loan: MIDWAY IRON & METAL CO INC
> **$388K** approved 01/16/2021 · Paid in Full · Loan `1168048305`
## Borrower
- **Name:** MIDWAY IRON & METAL CO INC
- **Address:** 648 Lincoln Ave NE, Saint Cloud, MN, 56304-0248
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 39
## Lender
- **Originating:** American Heritage National Bank
- **Servicing:** American Heritage National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*