PPP Loan information for Midwest vehicle distributors, inc.

$15,600

Midwest vehicle distributors, inc. was initially approved for PPP Loan of amount $15,600, the current approved amount is $15,600. The loan was approved on 04/04/2020 by The Northwest Bank of Rockford reported 2 jobs and $15,600 was used to fund payroll.

Midwest vehicle distributors, inc. is Existing or more than 2 years old

MIDWEST VEHICLE DISTRIBUTORS, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MIDWEST VEHICLE DISTRIBUTORS, INC.

Borrower Address

1448 Center Avenue

Borrower City

JANESVILLE

Borrower State

WI

Borrower Zip

53546-2402

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15600.00

Current Approval Amount

15600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

ROCK

Project State

WI

Project Zip

53546-2402

CD

WI-01

Jobs Reported

2

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3900.00

Payroll Proceed

11700.00

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

Subchapter S Corporation

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15703.57

Forgiveness Date

12/09/2020

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