PPP Loan information for Midwest electric motor inc.

$29,000

Midwest electric motor inc. was initially approved for PPP Loan of amount $29,000, the current approved amount is $29,000. The loan was approved on 04/28/2020 by The First Financial Bank, National Association reported 3 jobs and $29,000 was used to fund payroll.

Midwest electric motor inc. is Existing or more than 2 years old

PPP Loan Search / IL / DANVILLE / Midwest electric motor inc.

MIDWEST ELECTRIC MOTOR INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST ELECTRIC MOTOR INC.

Borrower Address

819 N Bowman Ave PO Box 1516

Borrower City

DANVILLE

Borrower State

IL

Borrower Zip

61834

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29000.00

Current Approval Amount

29000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24342

Servicing Lender Name

First Financial Bank, National Association

Servicing Lender Address

One First Financial Plaza

Servicing Lender City

TERRE HAUTE

Servicing Lender State

IN

Servicing Lender Zip

47807-3226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

VERMILION

Project State

IL

Project Zip

61834-0001

CD

IL-02

Jobs Reported

3

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29000.00

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

Corporation

Originating Lender Location Id

24342

Originating Lender

First Financial Bank, National Association

Originating Lender City

TERRE HAUTE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29197.36

Forgiveness Date

01/07/2021

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