Midtronics, INC

$2,878,317 PPP Loan in Willowbrook, Illinois

Loan Details

Loan Number
8713237000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,878,317
Current Approval
$2,878,317
Forgiveness Amount
$2,911,774
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midtronics, INC
Address
7000 Monroe Street 0.0
ZIP Code
60527-5654
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334515)
Business Age
Existing or more than 2 years old
Jobs Reported
161
Estimated Revenue
$42.2M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$2,399,999
Rent
$184,000
Utilities
$60,000
Health Care
$230,000
Debt Interest
$4,318

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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