PPP Loan information for Mzi electric inc.

$1,950,000

Mzi electric inc. was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 01/22/2021 by The Old National Bank reported 65 jobs and $1,950,000 was used to fund payroll.

Mzi electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Chicago / Mzi electric inc.

MZI ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MZI ELECTRIC INC.

Borrower Address

1937 W Fulton St

Borrower City

Chicago

Borrower State

IL

Borrower Zip

60612-2403

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1950000.00

Current Approval Amount

1950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chicago

Project County Name

COOK

Project State

IL

Project Zip

60612-2403

CD

IL-07

Jobs Reported

65

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1950000.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1960833.33

Forgiveness Date

08/11/2021

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