PPP Loan information for Midwest equipment co.

$428,700

Midwest equipment co. was initially approved for PPP Loan of amount $428,700, the current approved amount is $428,700. The loan was approved on 04/07/2020 by The Peoples Bank reported 26 jobs and $428,700 was used to fund payroll.

Midwest equipment co. is Existing or more than 2 years old

PPP Loan Search / OH / CLEVELAND / Midwest equipment co.

MIDWEST EQUIPMENT CO.

Date Approved

04/07/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MIDWEST EQUIPMENT CO.

Borrower Address

9800 BROADWAY AVE

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44125-1639

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

428700.00

Current Approval Amount

428700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44125-1639

CD

OH-11

Jobs Reported

26

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

321525.00

Mortgage Interest Proceed

0.00

Rent Proceed

107175.00

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

431855.71

Forgiveness Date

01/19/2021

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