PPP Loan information for Midwest controls inc

$129,482

Midwest controls inc was initially approved for PPP Loan of amount $129,482, the current approved amount is $129,482. The loan was approved on 02/11/2021 by The First Merchants Bank reported 9 jobs and $129,482 was used to fund payroll.

Midwest controls inc is Existing or more than 2 years old

MIDWEST CONTROLS INC

Date Approved

02/11/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MIDWEST CONTROLS INC

Borrower Address

15475 Endeavor Dr

Borrower City

Noblesville

Borrower State

IN

Borrower Zip

46060-4921

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129481.57

Current Approval Amount

129481.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Noblesville

Project County Name

HAMILTON

Project State

IN

Project Zip

46060-4921

CD

IN-05

Jobs Reported

9

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

129477.57

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130730.27

Forgiveness Date

02/07/2022

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