Midwest Utility, INC

$640,000 PPP Loan in Burr Ridge, Illinois

Loan Details

Loan Number
6853657109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$640,000
Current Approval
$640,000
Forgiveness Amount
$646,382
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Utility, INC
Address
15 W 700 N Frontage
ZIP Code
60527
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$640,000

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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