PPP Loan information for Midway grinding, inc.

$582,000

Midway grinding, inc. was initially approved for PPP Loan of amount $582,000, the current approved amount is $582,000. The loan was approved on 04/10/2020 by The BMO Harris Bank National Association reported 59 jobs and $582,000 was used to fund payroll.

Midway grinding, inc. is Existing or more than 2 years old

MIDWAY GRINDING, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWAY GRINDING, INC.

Borrower Address

1451 LUNT AVE

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-5621

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582000.00

Current Approval Amount

582000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-5621

CD

IL-03

Jobs Reported

59

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582000.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

586958.96

Forgiveness Date

03/01/2021

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