PPP Loan information for Midwest tropicals inc

$78,097

Midwest tropicals inc was initially approved for PPP Loan of amount $78,097, the current approved amount is $78,097. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $78,097 was used to fund payroll.

Midwest tropicals inc is Existing or more than 2 years old

MIDWEST TROPICALS INC

Date Approved

04/16/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST TROPICALS INC

Borrower Address

747 N CHURCH RD STE G11

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78097.00

Current Approval Amount

78097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMHURST

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-0001

CD

IL-06

Jobs Reported

7

NAICS Code

424930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

64097.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78855.97

Forgiveness Date

04/12/2021

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