PPP Loan information for Midwest credit & collection inc.

$77,616

Midwest credit & collection inc. was initially approved for PPP Loan of amount $77,616, the current approved amount is $77,616. The loan was approved on 01/22/2021 by The First Mid Bank & Trust, National Association reported 6 jobs and $77,616 was used to fund payroll.

Midwest credit & collection inc. is Existing or more than 2 years old

PPP Loan Search / IL / Decatur / Midwest credit & collection inc.

MIDWEST CREDIT & COLLECTION INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MIDWEST CREDIT & COLLECTION INC.

Borrower Address

306 W Eldorado St

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62522-2153

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77616.32

Current Approval Amount

77616.32

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MACON

Project State

IL

Project Zip

62522-2153

CD

IL-13

Jobs Reported

6

NAICS Code

561440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77615.32

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

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

77993.62

Forgiveness Date

07/21/2021

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