Midland Engineering Company INC

$2,000,000 PPP Loan in South Bend, Indiana

Loan Details

Loan Number
5098848300
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,556
Forgiveness Date
Sep 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Midland Engineering Company INC
Address
52369 Sr 933
State
Indiana
ZIP Code
46637
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238160)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$26.4M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
1st Source Bank
Originating Lender
1st Source Bank

Other PPP Loans in South Bend, IN

BusinessApproved
The Robert Henry Corporation$5,362,500NewBizBotAI Deep Dive
General Sheet Metal Works Incorporated$4,809,300NewBizBotAI Deep Dive
Ziolkowski Construction, Inc.$4,689,000NewBizBotAI Deep Dive
Neuropsychiatric Hospitals LLC$4,475,300NewBizBotAI Deep Dive
Holladay Property Services Midwest, Inc.$4,333,100NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free