PPP Loan information for Mehrings supply company

$283,200

Mehrings supply company was initially approved for PPP Loan of amount $283,200, the current approved amount is $283,200. The loan was approved on 04/08/2020 by The Morton Community Bank reported 22 jobs and $283,200 was used to fund payroll.

Mehrings supply company is Existing or more than 2 years old

MEHRINGS SUPPLY COMPANY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MEHRINGS SUPPLY COMPANY

Borrower Address

2021 SW WASHINGTON ST

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61602-1757

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283200.00

Current Approval Amount

283200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61602-1757

CD

IL-17

Jobs Reported

22

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

285119.47

Forgiveness Date

12/15/2020

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