PPP Loan information for Midwest electronic systems inc

$26,354

Midwest electronic systems inc was initially approved for PPP Loan of amount $26,354, the current approved amount is $26,354. The loan was approved on 02/05/2021 by The Land of Lincoln CU reported 2 jobs and $26,354 was used to fund payroll.

Midwest electronic systems inc is Existing or more than 2 years old

PPP Loan Search / IL / Decatur / Midwest electronic systems inc

MIDWEST ELECTRONIC SYSTEMS INC

Date Approved

02/05/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MIDWEST ELECTRONIC SYSTEMS INC

Borrower Address

4248 W Main St

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62522-1131

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26354.00

Current Approval Amount

26354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95581

Servicing Lender Name

Land of Lincoln CU

Servicing Lender Address

4850 E Prosperity Place

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62521-5102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MACON

Project State

IL

Project Zip

62522-1131

CD

IL-15

Jobs Reported

2

NAICS Code

811211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

26352.00

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

Corporation

Originating Lender Location Id

95581

Originating Lender

Land of Lincoln CU

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26595.16

Forgiveness Date

01/13/2022

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