PPP Loan information for Mid-state terrazzo and tile co

$258,600

Mid-state terrazzo and tile co was initially approved for PPP Loan of amount $258,600, the current approved amount is $258,600. The loan was approved on 01/22/2021 by The Morton Community Bank reported 10 jobs and $258,600 was used to fund payroll.

Mid-state terrazzo and tile co is Existing or more than 2 years old

MID-STATE TERRAZZO AND TILE CO

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MID-STATE TERRAZZO AND TILE CO

Borrower Address

2914 Alta Ln

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61615-9446

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258600.00

Current Approval Amount

258600.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61615-9446

CD

IL-16

Jobs Reported

10

NAICS Code

238340

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

258597.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260194.70

Forgiveness Date

09/09/2021

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