# PPP loan: MIDWEST UTILITY INC.
> **$768K** approved 01/20/2021 · Paid in Full · Loan `2178108308`
## Borrower
- **Name:** MIDWEST UTILITY INC.
- **Address:** 15 W 700 N. FRONTAGE ROAD, BURR RIDGE, IL, 60527
- **NAICS:** 532120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $773K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $768K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*