PPP Loan information for Midwest engineering and testing, inc.

$393,700

Midwest engineering and testing, inc. was initially approved for PPP Loan of amount $393,700, the current approved amount is $393,700. The loan was approved on 04/12/2020 by The Busey Bank reported 40 jobs and $393,700 was used to fund payroll.

Midwest engineering and testing, inc. is Unanswered

PPP Loan Search / IL / CHAMPAIGN / Midwest engineering and testing, inc.

MIDWEST ENGINEERING AND TESTING, INC.

Date Approved

04/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST ENGINEERING AND TESTING, INC.

Borrower Address

501 Mercury Drive

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61822-9649

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393700.00

Current Approval Amount

393700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-9649

CD

IL-13

Jobs Reported

40

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

295275.00

Mortgage Interest Proceed

0.00

Rent Proceed

98425.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395997.48

Forgiveness Date

11/23/2020

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