PPP Loan information for Midwest elastomers, inc.

$776,450

Midwest elastomers, inc. was initially approved for PPP Loan of amount $776,450, the current approved amount is $776,450. The loan was approved on 04/08/2020 by The The Old Fort Banking Company reported 65 jobs and $776,450 was used to fund payroll.

Midwest elastomers, inc. is Existing or more than 2 years old

PPP Loan Search / OH / WAPAKONETA / Midwest elastomers, inc.

MIDWEST ELASTOMERS, INC.

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MIDWEST ELASTOMERS, INC.

Borrower Address

700 INDUSTRIAL DR

Borrower City

WAPAKONETA

Borrower State

OH

Borrower Zip

45895-9200

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

776450.00

Current Approval Amount

776450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57998

Servicing Lender Name

The Old Fort Banking Company

Servicing Lender Address

8034 Main St

Servicing Lender City

OLD FORT

Servicing Lender State

OH

Servicing Lender Zip

44861

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAPAKONETA

Project County Name

AUGLAIZE

Project State

OH

Project Zip

45895-9200

CD

OH-04

Jobs Reported

65

NAICS Code

326211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

77645.00

Payroll Proceed

621160.00

Mortgage Interest Proceed

77645.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57998

Originating Lender

The Old Fort Banking Company

Originating Lender City

OLD FORT

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

783955.68

Forgiveness Date

03/31/2021

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