# PPP loan: MIDTRONICS, INC
> **$2.88M** approved 04/08/2020 · Paid in Full · Loan `8713237000`
## Borrower
- **Name:** MIDTRONICS, INC
- **Address:** 7000 Monroe Street 0.0, Willowbrook, IL, 60527-5654
- **NAICS:** 334515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.91M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.40M
- **Rent:** $184K
- **Utilities:** $60K
- **Health care:** $230K
- **Debt interest:** $4K
- **Jobs reported:** 161
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*