Midwest Packaging & Container INC
$857,500 PPP Loan in Machesney Park, Illinois
Loan Details
- Loan Number
- 4907087003
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $857,500
- Current Approval
- $857,500
- Forgiveness Amount
- $864,503
- Forgiveness Date
- Feb 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwest Packaging & Container INC
- Address
- 9718 Forest Hills Rd
- City
- Machesney Park
- State
- Illinois
- ZIP Code
- 61115-8214
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (322211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 110
- Estimated Revenue
- $109.1M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $643,125
- Utilities
- $107,188
- Mortgage Interest
- $107,187
Lender Information
- Servicing Lender
- Northwest Bank of Rockford
- Originating Lender
- Northwest Bank of Rockford
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