# PPP loan: MIDWEST INDUSTRIAL FUNDS, INC.
> **$169K** approved 04/15/2020 · Paid in Full · Loan `1511347205`
## Borrower
- **Name:** MIDWEST INDUSTRIAL FUNDS, INC.
- **Address:** 1211 W. 22ND STREET, SUITE 410, OAK BROOK, IL, 60523
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 10
## Lender
- **Originating:** Union National Bank
- **Servicing:** Union National Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*