# PPP loan: MIDWEST ENERGY INC
> **$349K** approved 04/06/2020 · Paid in Full · Loan `5875937008`
## Borrower
- **Name:** MIDWEST ENERGY INC
- **Address:** 2005 N KINGSHIGHWAY ST, CAPE GIRARDEAU, MO, 63701-2127
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Mortgage interest:** $80K
- **Utilities:** $7K
- **Jobs reported:** 95
## Lender
- **Originating:** First Midwest Bank of the Ozarks
- **Servicing:** First Midwest Bank of the Ozarks (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*