PPP Loan information for Midwest insurance center, inc.

$199,492

Midwest insurance center, inc. was initially approved for PPP Loan of amount $199,492, the current approved amount is $199,492. The loan was approved on 04/09/2020 by The Old Plank Trail Community Bank, National Association reported 16 jobs and $199,492 was used to fund payroll.

Midwest insurance center, inc. is Existing or more than 2 years old

PPP Loan Search / IN / SCHERERVILLE / Midwest insurance center, inc.

MIDWEST INSURANCE CENTER, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MIDWEST INSURANCE CENTER, INC.

Borrower Address

944 W US HIGHWAY 30

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375-1551

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199492.00

Current Approval Amount

199492.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-1551

CD

IN-01

Jobs Reported

16

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24936.00

Payroll Proceed

149620.00

Mortgage Interest Proceed

0.00

Rent Proceed

24936.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201171.06

Forgiveness Date

02/19/2021

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