PPP Loan information for Midwest credit & collection, inc.

$77,600

Midwest credit & collection, inc. was initially approved for PPP Loan of amount $77,600, the current approved amount is $77,600. The loan was approved on 04/04/2020 by The First Mid Bank & Trust, National Association reported 8 jobs and $77,600 was used to fund payroll.

Midwest credit & collection, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Midwest credit & collection, inc.

MIDWEST CREDIT & COLLECTION, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST CREDIT & COLLECTION, INC.

Borrower Address

306 W ELDORADO

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62522-1111

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77600.00

Current Approval Amount

77600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62522-1111

CD

IL-15

Jobs Reported

8

NAICS Code

561440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5600.00

Payroll Proceed

72000.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78279.00

Forgiveness Date

02/19/2021

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