# PPP loan: MIDWEST EXPANDED METAL, INC.
> **$278K** approved 04/09/2020 · Paid in Full · Loan `8901397010`
## Borrower
- **Name:** MIDWEST EXPANDED METAL, INC.
- **Address:** 301 INDUSTRIAL BLVD, WACONIA, MN, 55387-1739
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Mortgage interest:** $10K
- **Utilities:** $6K
- **Jobs reported:** 19
## Lender
- **Originating:** Citizens State Bank Norwood Young America
- **Servicing:** Citizens State Bank Norwood Young America (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*