# PPP loan: MIDWEST RAILCAR REPAIR INC.
> **$2.10M** approved 04/05/2020 · Paid in Full · Loan `5312627005`
## Borrower
- **Name:** MIDWEST RAILCAR REPAIR INC.
- **Address:** 25965 482nd Ave, Brandon, SD, 57005-6607
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.10M
- **Initial approval:** $2.10M
- **Forgiven:** $2.12M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.10M
- **Jobs reported:** 150
## Lender
- **Originating:** First PREMIER Bank
- **Servicing:** First PREMIER Bank (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*