# PPP loan: MIDWEST ORGANICS INC
> **$180K** approved 04/09/2020 · Paid in Full · Loan `9700927001`
## 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:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Mortgage interest:** $36K
- **Utilities:** $9K
- **Jobs reported:** 11
## Lender
- **Originating:** First Midwest Bank of the Ozarks
- **Servicing:** First Midwest Bank of the Ozarks (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*