# PPP loan: MIDWEST ENGINEERING CONSULTANTS, LTD.
> **$174K** approved 04/11/2020 · Paid in Full · Loan `3426107110`
## Borrower
- **Name:** MIDWEST ENGINEERING CONSULTANTS, LTD.
- **Address:** 2500  36TH AVE, MOLINE, IL, 61265-6954
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $12K
- **Utilities:** $12K
- **Jobs reported:** 12
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*