# PPP loan: MIDWEST INSURANCE AGENCY INC
> **$302K** approved 04/07/2020 · Paid in Full · Loan `7300617004`
## Borrower
- **Name:** MIDWEST INSURANCE AGENCY INC
- **Address:** 1301 E HIGGINS ROAD, ELK GROVE VILLAGE, IL, 60007-1602
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 20
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*