PPP Loan information for Midwest equipment funding, inc.

$72,300

Midwest equipment funding, inc. was initially approved for PPP Loan of amount $72,300, the current approved amount is $72,300. The loan was approved on 04/08/2020 by The The Farmers National Bank of Canfield reported 3 jobs and $72,300 was used to fund payroll.

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

PPP Loan Search / OH / STRONGSVILLE / Midwest equipment funding, inc.

MIDWEST EQUIPMENT FUNDING, INC.

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MIDWEST EQUIPMENT FUNDING, INC.

Borrower Address

15400 Pearl Rd. Suite 201

Borrower City

STRONGSVILLE

Borrower State

OH

Borrower Zip

44136-6000

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72300.00

Current Approval Amount

72300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STRONGSVILLE

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44136-6000

CD

OH-07

Jobs Reported

3

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72300.00

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

Subchapter S Corporation

Originating Lender Location Id

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73014.97

Forgiveness Date

04/08/2021

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