PPP Loan information for Midwest sign & lighting inc

$424,400

Midwest sign & lighting inc was initially approved for PPP Loan of amount $424,400, the current approved amount is $424,400. The loan was approved on 04/04/2020 by The LincolnWay Community Bank reported 20 jobs and $424,400 was used to fund payroll.

Midwest sign & lighting inc is Existing or more than 2 years old

MIDWEST SIGN & LIGHTING INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST SIGN & LIGHTING INC

Borrower Address

4910 WILSHIRE BLVD

Borrower City

COUNTRY CLUB HILLS

Borrower State

IL

Borrower Zip

60478-3153

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424400.00

Current Approval Amount

424400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435260

Servicing Lender Name

LincolnWay Community Bank

Servicing Lender Address

1000 E Lincoln Hwy

Servicing Lender City

NEW LENOX

Servicing Lender State

IL

Servicing Lender Zip

60451-2145

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COUNTRY CLUB HILLS

Project County Name

COOK

Project State

IL

Project Zip

60478-3153

CD

IL-02

Jobs Reported

20

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21220.00

Payroll Proceed

360740.00

Mortgage Interest Proceed

0.00

Rent Proceed

42440.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

435260

Originating Lender

LincolnWay Community Bank

Originating Lender City

NEW LENOX

Originating Lender State

IL

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

416897.75

Forgiveness Date

11/23/2020

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