# PPP loan: MIDWEST CONSTRUCTION AND SUPPLY INC
> **$264K** approved 04/08/2020 · Paid in Full · Loan `7906307010`
## Borrower
- **Name:** MIDWEST CONSTRUCTION AND SUPPLY INC
- **Address:** 1601 S TAFT AVE, MASON CITY, IA, 50401-5536
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $324K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $20K
- **Utilities:** $10K
- **Health care:** $36K
- **Jobs reported:** 33
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*