Mid-American Plastic Co.

$144,400 PPP Loan in Forreston, Illinois

Loan Details

Loan Number
6444567007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$144,400
Current Approval
$144,400
Forgiveness Amount
$145,255
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mid-American Plastic Co.
Address
500 East Avon St. Po Box 667
ZIP Code
61030-0667
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$108,300
Rent
$18,050
Utilities
$18,050

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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