PPP Loan information for Midwest equipment distribution group, llc

$188,095

Midwest equipment distribution group, llc was initially approved for PPP Loan of amount $188,095, the current approved amount is $188,095. The loan was approved on 04/06/2020 by The Lake City Bank reported 17 jobs and $188,095 was used to fund payroll.

Midwest equipment distribution group, llc is Existing or more than 2 years old

MIDWEST EQUIPMENT DISTRIBUTION GROUP, LLC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MIDWEST EQUIPMENT DISTRIBUTION GROUP, LLC

Borrower Address

9108 YEAGER LN

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46809-9649

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188095.00

Current Approval Amount

188095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46809-9649

CD

IN-03

Jobs Reported

17

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4215.00

Payroll Proceed

141071.00

Mortgage Interest Proceed

0.00

Rent Proceed

28063.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6860.00

Debt Interest Proceed

7886

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189913.25

Forgiveness Date

03/31/2021

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