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Midwest Electro Tech Corp

$713,800 PPP Loan in Hillsboro, Wisconsin

Loan Details

Loan Number
7344727004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$713,800
Current Approval
$713,800
Forgiveness Amount
$717,950
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Electro Tech Corp
Address
102 Enterprise Drive
City
Hillsboro
State
Wisconsin
ZIP Code
54634-4403
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$20.1M
Rural/Urban
Rural
Congressional District
WI-03

Loan Use Breakdown

Payroll
$698,725
Utilities
$2,500
Mortgage Interest
$12,575

Lender Information

Servicing Lender
Royal Bank
Originating Lender
Royal Bank

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