Midwest Electronic Specialists, Inc.

$552,200 PPP Loan in Ellsworth, Illinois

Loan Details

Loan Number
4854297002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$552,200
Current Approval
$552,200
Forgiveness Amount
$557,722
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Electronic Specialists, Inc.
Address
600 N. Main Street
ZIP Code
61737-7547
Business Type
Subchapter S Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (713990)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$552,200

Lender Information

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

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