PPP Loan information for Midwest engineering - mac5573

$431,630

Midwest engineering - mac5573 was initially approved for PPP Loan of amount $431,630, the current approved amount is $431,630. The loan was approved on 01/23/2021 by The Busey Bank reported 35 jobs and $431,630 was used to fund payroll.

Midwest engineering - mac5573 is Existing or more than 2 years old

PPP Loan Search / IL / Champaign / Midwest engineering - mac5573

MIDWEST ENGINEERING - MAC5573

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MIDWEST ENGINEERING - MAC5573

Borrower Address

501 Mercury Dr

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61822-9649

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

431630.00

Current Approval Amount

431630.00

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

Existing or more than 2 years old

Project City

Champaign

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-9649

CD

IL-13

Jobs Reported

35

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

431626.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

434408.99

Forgiveness Date

09/22/2021

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