PPP Loan information for Mid-illinois mechanical, inc.

$970,200

Mid-illinois mechanical, inc. was initially approved for PPP Loan of amount $970,200, the current approved amount is $970,200. The loan was approved on 04/05/2020 by The First State Bank reported 64 jobs and $970,200 was used to fund payroll.

Mid-illinois mechanical, inc. is Existing or more than 2 years old

MID-ILLINOIS MECHANICAL, INC.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MID-ILLINOIS MECHANICAL, INC.

Borrower Address

304 S. Mason Street

Borrower City

BLOOMINGTON

Borrower State

IL

Borrower Zip

61701-4956

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

970200.00

Current Approval Amount

970200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21955

Servicing Lender Name

First State Bank

Servicing Lender Address

706 Washington St

Servicing Lender City

MENDOTA

Servicing Lender State

IL

Servicing Lender Zip

61342-1628

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MCLEAN

Project State

IL

Project Zip

61701-4956

CD

IL-17

Jobs Reported

64

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

921690.00

Mortgage Interest Proceed

0.00

Rent Proceed

48510.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21955

Originating Lender

First State Bank

Originating Lender City

MENDOTA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

976154.10

Forgiveness Date

11/27/2020

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