Midwest Electronic Specialties Inc.

$640,300 PPP Loan in Ellsworth, Illinois

Loan Details

Loan Number
4143518301
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$640,300
Current Approval
$640,300
Forgiveness Amount
$644,426
Forgiveness Date
Sep 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Midwest Electronic Specialties Inc.
Address
601 N Main St
ZIP Code
61737-7547
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$18.7M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$640,296
Utilities
$1

Lender Information

Servicing Lender
Heartland Bank and Trust Company
Originating Lender
Heartland Bank and Trust Company

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