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Midwest Directional Drilling, Inc.

$55,000 PPP Loan in Rockton, Illinois

Loan Details

Loan Number
8821307005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$55,000
Current Approval
$55,000
Forgiveness Amount
$55,713
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Directional Drilling, Inc.
Address
375 W Hononegah Rd
City
Rockton
State
Illinois
ZIP Code
61072-3013
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$44,000
Rent
$5,000
Utilities
$2,000
Debt Interest
$4,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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