Midwest Equipment Distribution Group, LLC

$188,095 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
5900527006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$188,095
Current Approval
$188,095
Forgiveness Amount
$189,913
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Equipment Distribution Group, LLC
Address
9108 Yeager Ln
State
Indiana
ZIP Code
46809-9649
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423440)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$141,071
Rent
$28,063
Utilities
$4,215
Health Care
$6,860
Debt Interest
$7,886

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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