Midwest Technical Institute, Inc.

$3,502,400 PPP Loan in Springfield, Illinois

Loan Details

Loan Number
7225997001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$3,502,400
Current Approval
$3,502,400
Forgiveness Amount
$3,542,702
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Technical Institute, Inc.
Address
2731 Farmers Market Rd
ZIP Code
62707-8805
Business Type
Corporation
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
320
Estimated Revenue
$38.4M
Rural/Urban
Urban
Congressional District
IL-15

Loan Use Breakdown

Payroll
$3,502,400

Lender Information

Servicing Lender
Bank of Springfield
Originating Lender
Bank of Springfield

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