PPP Loan information for Midland equipment company of michigan inc.

$1,153,400

Midland equipment company of michigan inc. was initially approved for PPP Loan of amount $1,153,400, the current approved amount is $1,153,400. The loan was approved on 02/13/2021 by The Comerica Bank reported 74 jobs and $1,153,400 was used to fund payroll.

Midland equipment company of michigan inc. is Existing or more than 2 years old

PPP Loan Search / MI / Oak Park / Midland equipment company of michigan inc.

MIDLAND EQUIPMENT COMPANY OF MICHIGAN INC.

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MIDLAND EQUIPMENT COMPANY OF MICHIGAN INC.

Borrower Address

21610 Meyers Rd

Borrower City

Oak Park

Borrower State

MI

Borrower Zip

48237-3121

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1153400.00

Current Approval Amount

1153400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oak Park

Project County Name

OAKLAND

Project State

MI

Project Zip

48237-3121

CD

MI-11

Jobs Reported

74

NAICS Code

423830

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1153395.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1163203.90

Forgiveness Date

12/21/2021

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