PPP Loan information for Midrange repair & parts, inc.

$400,398

Midrange repair & parts, inc. was initially approved for PPP Loan of amount $400,398, the current approved amount is $400,398. The loan was approved on 04/10/2020 by The CIBC Bank USA reported 36 jobs and $400,398 was used to fund payroll.

Midrange repair & parts, inc. is Existing or more than 2 years old

MIDRANGE REPAIR & PARTS, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDRANGE REPAIR & PARTS, INC.

Borrower Address

12235 S. Laramie Ave.

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-3129

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400398.02

Current Approval Amount

400398.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

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

60803-3129

CD

IL-06

Jobs Reported

36

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400398.02

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

246899.82

Forgiveness Date

02/10/2021

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