Midwest Electric Motor Inc.
$29,000 PPP Loan in Danville, Illinois
Loan Details
- Loan Number
- 7447777207
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $29,000
- Current Approval
- $29,000
- Forgiveness Amount
- $29,197
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwest Electric Motor Inc.
- Address
- 819 N Bowman Ave Po Box 1516
- City
- Danville
- State
- Illinois
- ZIP Code
- 61834
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 3
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IL-02
Loan Use Breakdown
- Payroll
- $29,000
Lender Information
- Servicing Lender
- First Financial Bank, National Association
- Originating Lender
- First Financial Bank, National Association
Other PPP Loans in Danville, IL
| Business | Approved | |
|---|---|---|
| Danville Metal Stamping Co, Inc. | $6,258,000 |  AI Deep Dive |
| Mervis Industries INC | $3,463,500 | AI Deep Dive |
| Sunrise Hospitality, Inc. | $1,659,052 | AI Deep Dive |
| Group 2029, Inc. | $1,644,300 | AI Deep Dive |
| Steel Grip, Inc. | $1,320,200 | AI Deep Dive |
Want to research this company further?