# PPP loan: MIDWEST ORGANICS INC
> **$176K** approved 01/29/2021 · Paid in Full · Loan `8506938307`
## Borrower
- **Name:** MIDWEST ORGANICS INC
- **Address:** 6974 State Highway Z, Sikeston, MO, 63801-8121
- **NAICS:** 325998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** First Midwest Bank of Dexter
- **Servicing:** First Midwest Bank of Dexter (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*