PPP Loan information for Mdi electrical construction, inc.

$312,233

Mdi electrical construction, inc. was initially approved for PPP Loan of amount $312,232, the current approved amount is $312,233. The loan was approved on 04/06/2020 by The Hinsdale Bank & Trust Company, National Association reported 13 jobs and $312,233 was used to fund payroll.

Mdi electrical construction, inc. is Existing or more than 2 years old

MDI ELECTRICAL CONSTRUCTION, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MDI ELECTRICAL CONSTRUCTION, INC.

Borrower Address

12300 S Keeler Ave

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-1813

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312232.00

Current Approval Amount

312233.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-1813

CD

IL-06

Jobs Reported

13

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31223.30

Payroll Proceed

234174.75

Mortgage Interest Proceed

0.00

Rent Proceed

46834.95

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

315693.58

Forgiveness Date

05/21/2021

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