Date Approved
04/15/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
MIDWEST DISTRIBUTING, INC.
Borrower Address
2601 W LAKE AVE #314 A6
Borrower City
PEORIA
Borrower State
IL
Borrower Zip
61615-3754
Loan Status Date
07/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
118500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
22749
Servicing Lender Name
Busey Bank
Servicing Lender Address
100 W University Ave
Servicing Lender City
CHAMPAIGN
Servicing Lender State
Servicing Lender Zip
61820-3910
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
61615-3711
CD
IL-17
Jobs Reported
7
NAICS Code
424910
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
88875.00
Mortgage Interest Proceed
Rent Proceed
29625.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
119814.86
Forgiveness Date
06/04/2021