PPP Loan information for Midwest electronic systems, inc.

$23,300

Midwest electronic systems, inc. was initially approved for PPP Loan of amount $23,300, the current approved amount is $23,300. The loan was approved on 04/07/2020 by The Land of Lincoln CU reported 2 jobs and $23,300 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

04/07/2020

SBA Office Code

0507

Processing Method

PPP

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

24

SBA Guaranty Percentage

100

Initial Approval Amount

23300.00

Current Approval Amount

23300.00

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

1700.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1600.00

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

23423.20

Forgiveness Date

02/01/2021

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