Midwest Asphalt Co

$831,200 PPP Loan in Tilton, Illinois

Loan Details

Loan Number
8827317009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$831,200
Current Approval
$831,200
Forgiveness Amount
$840,897
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Asphalt Co
Address
510 W 5th St
City
Tilton
ZIP Code
61833-7469
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.3M
Rural/Urban
Rural
Congressional District
IL-02

Loan Use Breakdown

Payroll
$623,400
Rent
$103,900
Utilities
$103,900

Lender Information

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

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