Midwest Distributing, Inc.

$118,500 PPP Loan in Peoria, Illinois

Loan Details

Loan Number
1548247203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$118,500
Current Approval
$118,500
Forgiveness Amount
$119,815
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Distributing, Inc.
Address
2601 W Lake Ave #314 A6
City
Peoria
ZIP Code
61615-3754
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$88,875
Rent
$29,625

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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