PPP Loan information for Mid-american tool, inc.

$75,000

Mid-american tool, inc. was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 05/21/2020 by The Old National Bank reported 10 jobs and $75,000 was used to fund payroll.

Mid-american tool, inc. is Existing or more than 2 years old

MID-AMERICAN TOOL, INC.

Date Approved

05/21/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MID-AMERICAN TOOL, INC.

Borrower Address

3642 W 128th Pl

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-1513

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

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

60803-1513

CD

IL-01

Jobs Reported

10

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75929.17

Forgiveness Date

08/11/2021

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