PPP Loan information for Material handling intermediary inc.

$663,275

Material handling intermediary inc. was initially approved for PPP Loan of amount $663,275, the current approved amount is $663,275. The loan was approved on 04/07/2020 by The Johnson Bank reported 41 jobs and $663,275 was used to fund payroll.

Material handling intermediary inc. is Existing or more than 2 years old

MATERIAL HANDLING INTERMEDIARY INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MATERIAL HANDLING INTERMEDIARY INC.

Borrower Address

W226N900 EASTMOUND DR

Borrower City

WAUKESHA

Borrower State

WI

Borrower Zip

53186-1671

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

663275.00

Current Approval Amount

663275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKESHA

Project County Name

WAUKESHA

Project State

WI

Project Zip

53186-1671

CD

WI-05

Jobs Reported

41

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

82909.38

Payroll Proceed

497456.25

Mortgage Interest Proceed

82909.37

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

666854.87

Forgiveness Date

11/05/2020

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