Mid-West Spring and Stamping, Inc.

$718,000 PPP Loan in Mentone, Indiana

Loan Details

Loan Number
5838007001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$718,000
Current Approval
$718,000
Forgiveness Amount
$724,981
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mid-West Spring and Stamping, Inc.
Address
105 Etna St
State
Indiana
ZIP Code
46539-9116
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332613)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$21.3M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$574,389
Rent
$5,400
Utilities
$44,211
Health Care
$60,000
Mortgage Interest
$34,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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