# PPP loan: MID ILLINOIS CONCRETE & EXCAVATION, INC.
> **$1.41M** approved 04/06/2020 · Paid in Full · Loan `5902037005`
## Borrower
- **Name:** MID ILLINOIS CONCRETE & EXCAVATION, INC.
- **Address:** 1801 E. UNIVERSITY AVE, Suite B, URBANA, IL, 61802-2804
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Rent:** $176K
- **Utilities:** $176K
- **Jobs reported:** 65
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*