PPP Loan information for Midwest petroleum development company

$25,000

Midwest petroleum development company was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 6 jobs and $25,000 was used to fund payroll.

Midwest petroleum development company is Existing or more than 2 years old

MIDWEST PETROLEUM DEVELOPMENT COMPANY

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MIDWEST PETROLEUM DEVELOPMENT COMPANY

Borrower Address

7615 US HIGHWAY 14

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60012

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60012-1000

CD

IL-11

Jobs Reported

6

NAICS Code

447190

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22500.00

Mortgage Interest Proceed

2500.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25226.63

Forgiveness Date

03/31/2021

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