Midwest Turned Products, LLC
$285,000 PPP Loan in Gilberts, Illinois
Loan Details
- Loan Number
- 6517357005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $285,000
- Current Approval
- $285,000
- Forgiveness Amount
- $286,599
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwest Turned Products, LLC
- Address
- 80 Prairie Parkway
- City
- Gilberts
- State
- Illinois
- ZIP Code
- 60136-4090
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.6M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $239,646
- Rent
- $28,224
- Utilities
- $11,806
- Debt Interest
- $5,324
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
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