PPP Loan information for Midstates rail, llc

$231,285

Midstates rail, llc was initially approved for PPP Loan of amount $231,285, the current approved amount is $231,285. The loan was approved on 04/28/2020 by The Hinsdale Bank & Trust Company, National Association reported 32 jobs and $231,285 was used to fund payroll.

Midstates rail, llc is Existing or more than 2 years old

PPP Loan Search / IL / CHICAGO HEIGHTS / Midstates rail, llc

MIDSTATES RAIL, LLC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDSTATES RAIL, LLC

Borrower Address

901 STATE ST

Borrower City

CHICAGO HEIGHTS

Borrower State

IL

Borrower Zip

60411-2263

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231285.00

Current Approval Amount

231285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60411-2263

CD

IL-02

Jobs Reported

32

NAICS Code

482111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23129.00

Payroll Proceed

173464.00

Mortgage Interest Proceed

34692.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233160.98

Forgiveness Date

02/17/2021

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