Midwestern Electric Company, Inc.
$145,000 PPP Loan in Markham, Illinois
Loan Details
- Loan Number
- 6425327010
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $145,000
- Current Approval
- $145,000
- Forgiveness Amount
- $146,245
- Forgiveness Date
- Feb 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwestern Electric Company, Inc.
- Address
- 15550 Kedzie
- City
- Markham
- State
- Illinois
- ZIP Code
- 60428-3904
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-02
Loan Use Breakdown
- Payroll
- $108,750
- Rent
- $18,125
- Utilities
- $18,125
Lender Information
- Servicing Lender
- Old Plank Trail Community Bank, National Association
- Originating Lender
- Old Plank Trail Community Bank, National Association
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