# PPP loan: MEDWEST ASSOCIATES INC
> **$2.18M** approved 04/05/2020 · Paid in Full · Loan `5323977000`
## Borrower
- **Name:** MEDWEST ASSOCIATES INC
- **Address:** 101 Tower Drive, WILLOWBROOK, IL, 60527
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.18M
- **Initial approval:** $2.18M
- **Forgiven:** $2.21M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.64M
- **Rent:** $273K
- **Utilities:** $273K
- **Jobs reported:** 110
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*