# PPP loan: MIDWEST TRANSIT EQUIPMENT INC.
> **$2.00M** approved 01/29/2021 · Paid in Full · Loan `8345008308`
## Borrower
- **Name:** MIDWEST TRANSIT EQUIPMENT INC.
- **Address:** 146 W Issert Dr, Kankakee, IL, 60901-7134
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 248
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*