PPP Loan information for Midwest telecom of america, inc.

$167,000

Midwest telecom of america, inc. was initially approved for PPP Loan of amount $167,000, the current approved amount is $167,000. The loan was approved on 04/27/2020 by The American Community Bank of Indiana reported 19 jobs and $167,000 was used to fund payroll.

Midwest telecom of america, inc. is Existing or more than 2 years old

PPP Loan Search / IN / MERRILLVILLE / Midwest telecom of america, inc.

MIDWEST TELECOM OF AMERICA, INC.

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MIDWEST TELECOM OF AMERICA, INC.

Borrower Address

1567 E 93RD AVE

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-6483

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167000.00

Current Approval Amount

167000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRILLVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46410-6483

CD

IN-01

Jobs Reported

19

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150300.00

Mortgage Interest Proceed

16700.00

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

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168618.97

Forgiveness Date

04/20/2021

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