PPP Loan information for Midwest transit equipment inc.

$2,000,000

Midwest transit equipment inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The Wintrust Bank, National Association reported 248 jobs and $2,000,000 was used to fund payroll.

Midwest transit equipment inc. is Existing or more than 2 years old

PPP Loan Search / IL / Kankakee / Midwest transit equipment inc.

MIDWEST TRANSIT EQUIPMENT INC.

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MIDWEST TRANSIT EQUIPMENT INC.

Borrower Address

146 W Issert Dr

Borrower City

Kankakee

Borrower State

IL

Borrower Zip

60901-7134

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kankakee

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-7134

CD

IL-02

Jobs Reported

248

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015111.11

Forgiveness Date

11/05/2021

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