Merchant Services Midwest Inc.

$556,300 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
7189127000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$556,300
Current Approval
$556,300
Forgiveness Amount
$561,956
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merchant Services Midwest Inc.
Address
3051 Oak Grove Rd 2nd Flr
ZIP Code
60515-1156
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (522320)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$33.4M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$556,300

Lender Information

Servicing Lender
American Commercial Bank & Trust, National Association
Originating Lender
American Commercial Bank & Trust, National Association

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