Midwest Canvas Corporation

$2,527,067 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
4204807107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$2,527,067
Current Approval
$1,575,000
Forgiveness Amount
$1,598,453
Forgiveness Date
Oct 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Canvas Corporation
Address
4635 W Lake Street
ZIP Code
60644-2708
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326112)
Business Age
Existing or more than 2 years old
Jobs Reported
196
Estimated Revenue
$194.4M
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$1,400,000
Rent
$100,000
Utilities
$45,000
Health Care
$30,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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