PPP Loan information for Midwest insurance agency inc

$301,700

Midwest insurance agency inc was initially approved for PPP Loan of amount $301,700, the current approved amount is $301,700. The loan was approved on 04/07/2020 by The American Community Bank & Trust reported 20 jobs and $301,700 was used to fund payroll.

Midwest insurance agency inc is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Midwest insurance agency inc

MIDWEST INSURANCE AGENCY INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST INSURANCE AGENCY INC

Borrower Address

1301 E HIGGINS ROAD

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-1602

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301700.00

Current Approval Amount

301700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-1602

CD

IL-03

Jobs Reported

20

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

301700.00

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

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304373.40

Forgiveness Date

03/09/2021

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