Midwest Commercial Coatings, INC

$398,200 PPP Loan in Urbana, Illinois

Loan Details

Loan Number
2041237108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$398,200
Current Approval
$398,200
Forgiveness Amount
$402,613
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Commercial Coatings, INC
Address
2004 Linview Ave
City
Urbana
ZIP Code
61801-1041
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
$14.8M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$298,650
Rent
$49,775
Utilities
$49,775

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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