Mti Power Services, INC

$752,800 PPP Loan in Marseilles, Illinois

Loan Details

Loan Number
2593517107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$752,800
Current Approval
$752,800
Forgiveness Amount
$761,050
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mti Power Services, INC
Address
1020 Broadway
ZIP Code
61341
Business Type
Subchapter S Corporation
Industry (NAICS)
Management of Companies and Enterprises (551114)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
IL-14

Loan Use Breakdown

Payroll
$752,800

Lender Information

Servicing Lender
Htlf Bank
Originating Lender
Illinois Bank and Trust, a Division of Htlf Bank

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