# PPP loan: MIDWEST ASPHALT CO.
> **$831K** approved 02/09/2021 · Paid in Full · Loan `5833458407`
## Borrower
- **Name:** MIDWEST ASPHALT CO.
- **Address:** 510 W 5th St, Tilton, IL, 61833-7469
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $831K
- **Initial approval:** $831K
- **Forgiven:** $837K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $831K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*