# PPP loan: MIDWESTERN BIOAG, INC.
> **$1.23M** approved 04/15/2020 · Paid in Full · Loan `9552407104`
## Borrower
- **Name:** MIDWESTERN BIOAG, INC.
- **Address:** 918 Deming Way, Suite 101, Madison, WI, 53717-1993
- **NAICS:** 325314
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $994K
- **Rent:** $130K
- **Utilities:** $40K
- **Debt interest:** $68K
- **Jobs reported:** 94
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*