# PPP loan: MIDWEST TRANSPORT & EXCAVATING INC
> **$204K** approved 02/13/2021 · Exemption 4 · Loan `8175948402`
## Borrower
- **Name:** MIDWEST TRANSPORT & EXCAVATING INC
- **Address:** 9242 Highway 2, Brookston, MN, 55711-8039
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $187K (92%)
- **Forgiveness date:** 03/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $204K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Members Cooperative CU
- **Servicing:** Members Cooperative CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*