PPP Loan information for Midwest recycling equipment, inc.

$92,125

Midwest recycling equipment, inc. was initially approved for PPP Loan of amount $92,125, the current approved amount is $92,125. The loan was approved on 04/09/2020 by The Horizon Bank reported 10 jobs and $92,125 was used to fund payroll.

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

PPP Loan Search / IN / LA PORTE / Midwest recycling equipment, inc.

MIDWEST RECYCLING EQUIPMENT, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MIDWEST RECYCLING EQUIPMENT, INC.

Borrower Address

1733 E Division Road

Borrower City

LA PORTE

Borrower State

IN

Borrower Zip

46350-8041

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92125.00

Current Approval Amount

92125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LA PORTE

Project County Name

LA PORTE

Project State

IN

Project Zip

46350-8041

CD

IN-02

Jobs Reported

10

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73700.00

Mortgage Interest Proceed

0.00

Rent Proceed

18425.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

82539.00

Forgiveness Date

10/30/2020

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