Midwest Nonwovens, LLC

$481,378 PPP Loan in Sauget, Illinois

Loan Details

Loan Number
7527077002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$481,378
Current Approval
$481,378
Forgiveness Amount
$485,603
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Nonwovens, LLC
Address
1642 Sauget Business Blvd
City
Sauget
ZIP Code
62206-1454
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (313230)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$361,033
Rent
$120,344

Lender Information

Servicing Lender
Carrollton Bank
Originating Lender
Carrollton Bank

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