PPP Loan information for Midwest auto salon inc

$120,789

Midwest auto salon inc was initially approved for PPP Loan of amount $120,789, the current approved amount is $120,789. The loan was approved on 01/30/2021 by The Bank of Farmington reported 7 jobs and $120,789 was used to fund payroll.

Midwest auto salon inc is Existing or more than 2 years old

PPP Loan Search / IL / Peoria / Midwest auto salon inc

MIDWEST AUTO SALON INC

Date Approved

01/30/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MIDWEST AUTO SALON INC

Borrower Address

7726 N Pioneer Ln

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61615-1911

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120789.00

Current Approval Amount

120789.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21372

Servicing Lender Name

Bank of Farmington

Servicing Lender Address

16 N Main St

Servicing Lender City

FARMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61531-1233

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

61615-1911

CD

IL-16

Jobs Reported

7

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

120786.00

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

21372

Originating Lender

Bank of Farmington

Originating Lender City

FARMINGTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

121278.77

Forgiveness Date

06/30/2021

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