PPP Loan information for Midwest car exchange inc

$32,340

Midwest car exchange inc was initially approved for PPP Loan of amount $32,340, the current approved amount is $32,340. The loan was approved on 04/06/2020 by The Itasca Bank & Trust Co. reported 4 jobs and $32,340 was used to fund payroll.

Midwest car exchange inc is Existing or more than 2 years old

PPP Loan Search / IL / ALSIP / Midwest car exchange inc

MIDWEST CAR EXCHANGE INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST CAR EXCHANGE INC

Borrower Address

12533 S LARAMIE AVE

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-3223

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32340.00

Current Approval Amount

32340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

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

60803-3223

CD

IL-06

Jobs Reported

4

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

24340.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32611.30

Forgiveness Date

02/10/2021

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