PPP Loan information for Peoria midwest equipment inc

$320,700

Peoria midwest equipment inc was initially approved for PPP Loan of amount $320,700, the current approved amount is $320,700. The loan was approved on 04/05/2020 by The First Mid Bank & Trust, National Association reported 29 jobs and $320,700 was used to fund payroll.

Peoria midwest equipment inc is Existing or more than 2 years old

PEORIA MIDWEST EQUIPMENT INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PEORIA MIDWEST EQUIPMENT INC

Borrower Address

4826 W FARMINGTON RD

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61604-4626

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320700.00

Current Approval Amount

320700.00

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

61604-4626

CD

IL-16

Jobs Reported

29

NAICS Code

811411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40087.50

Payroll Proceed

240525.00

Mortgage Interest Proceed

0.00

Rent Proceed

40087.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

323016.17

Forgiveness Date

12/30/2020

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