PPP Loan information for Micro products company

$396,200

Micro products company was initially approved for PPP Loan of amount $396,200, the current approved amount is $396,200. The loan was approved on 04/03/2020 by The First Mid Bank & Trust, National Association reported 22 jobs and $396,200 was used to fund payroll.

Micro products company is Existing or more than 2 years old

MICRO PRODUCTS COMPANY

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MICRO PRODUCTS COMPANY

Borrower Address

6523 N. Galena Rd.

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61614-3103

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396200.00

Current Approval Amount

396200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61614-3103

CD

IL-16

Jobs Reported

22

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

49525.00

Payroll Proceed

297150.00

Mortgage Interest Proceed

49525.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398489.16

Forgiveness Date

11/05/2020

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