Midwest Fiber, Inc. of Decatur
$1,021,500 PPP Loan in Normal, Illinois
Loan Details
- Loan Number
- 7621567003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,021,500
- Current Approval
- $1,021,500
- Forgiveness Amount
- $1,029,133
- Forgiveness Date
- Jan 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwest Fiber, Inc. of Decatur
- Address
- 422 S White Oak Rd
- City
- Normal
- State
- Illinois
- ZIP Code
- 61761-4328
- Business Type
- Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (562998)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 91
- Estimated Revenue
- $17.2M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $816,000
- Utilities
- $170,500
- Mortgage Interest
- $35,000
Lender Information
- Servicing Lender
- Commerce Bank
- Originating Lender
- Commerce Bank
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