# PPP loan: MIDWEST INDUSTRIAL SALES, INC.
> **$587K** approved 04/04/2020 · Paid in Full · Loan `4873457008`
## Borrower
- **Name:** MIDWEST INDUSTRIAL SALES, INC.
- **Address:** 423 Industry Ave, GARDNER, IL, 60424-6321
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $587K
- **Forgiven:** $591K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $147K
- **Jobs reported:** 36
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*