PPP Loan information for Midwest canvas corporation

$1,575,000

Midwest canvas corporation was initially approved for PPP Loan of amount $2,527,067, the current approved amount is $1,575,000. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 196 jobs and $1,575,000 was used to fund payroll.

Midwest canvas corporation is Existing or more than 2 years old

MIDWEST CANVAS CORPORATION

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST CANVAS CORPORATION

Borrower Address

4635 W Lake Street

Borrower City

CHICAGO

Borrower State

IL

Borrower Zip

60644-2708

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2527067.00

Current Approval Amount

1575000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICAGO

Project County Name

COOK

Project State

IL

Project Zip

60644-2708

CD

IL-07

Jobs Reported

196

NAICS Code

326112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45000.00

Payroll Proceed

1400000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1598452.62

Forgiveness Date

10/13/2021

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