# PPP loan: MID AMERICA STEEL, INC.
> **$1.28M** approved 04/09/2020 · Paid in Full · Loan `9682777010`
## Borrower
- **Name:** MID AMERICA STEEL, INC.
- **Address:** 5101 19th Ave N, FARGO, ND, 58102-6810
- **NAICS:** 332312
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.28M
- **Jobs reported:** 95
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*