PPP Loan information for Midwestern electric, inc.

$1,892,700

Midwestern electric, inc. was initially approved for PPP Loan of amount $1,892,700, the current approved amount is $1,892,700. The loan was approved on 04/06/2020 by The Centier Bank reported 96 jobs and $1,892,700 was used to fund payroll.

Midwestern electric, inc. is Existing or more than 2 years old

PPP Loan Search / IN / EAST CHICAGO / Midwestern electric, inc.

MIDWESTERN ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MIDWESTERN ELECTRIC, INC.

Borrower Address

1620 East CHICAGO AVE

Borrower City

EAST CHICAGO

Borrower State

IN

Borrower Zip

46312-3576

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1892700.00

Current Approval Amount

1892700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24502

Servicing Lender Name

Centier Bank

Servicing Lender Address

1500 119th St

Servicing Lender City

WHITING

Servicing Lender State

IN

Servicing Lender Zip

46394-1733

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EAST CHICAGO

Project County Name

LAKE

Project State

IN

Project Zip

46312-3576

CD

IN-01

Jobs Reported

96

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1892700.00

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

Subchapter S Corporation

Originating Lender Location Id

24502

Originating Lender

Centier Bank

Originating Lender City

WHITING

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1903019.10

Forgiveness Date

11/03/2020

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