PPP Loan information for Midlands technologies inc

$217,500

Midlands technologies inc was initially approved for PPP Loan of amount $217,500, the current approved amount is $217,500. The loan was approved on 04/07/2020 by The Peoples Bank reported 25 jobs and $217,500 was used to fund payroll.

Midlands technologies inc is Existing or more than 2 years old

PPP Loan Search / OH / CANTON / Midlands technologies inc

MIDLANDS TECHNOLOGIES INC

Date Approved

04/07/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MIDLANDS TECHNOLOGIES INC

Borrower Address

1911 36TH ST NE

Borrower City

CANTON

Borrower State

OH

Borrower Zip

44705-5023

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217500.00

Current Approval Amount

217500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

STARK

Project State

OH

Project Zip

44705-5023

CD

OH-13

Jobs Reported

25

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

163125.00

Mortgage Interest Proceed

0.00

Rent Proceed

54375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219807.92

Forgiveness Date

05/13/2021

;