Midwest Electric INC
$571,700 PPP Loan in Saint Marys, Ohio
Loan Details
- Loan Number
- 6578177003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $571,700
- Current Approval
- $703,655
- Forgiveness Amount
- $710,055
- Forgiveness Date
- Mar 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwest Electric INC
- Address
- 06029 County Road 33a
- City
- Saint Marys
- State
- Ohio
- ZIP Code
- 45885-9762
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- OH-04
Loan Use Breakdown
- Payroll
- $453,655
- Utilities
- $9,000
- Health Care
- $107,200
- Debt Interest
- $133,800
Lender Information
- Servicing Lender
- First Bank Richmond
- Originating Lender
- First Bank Richmond
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|---|---|---|
| St. Marys Foundry | $1,510,819 |  AI Deep Dive |
| Capabilities, LLC | $1,210,591 | AI Deep Dive |
| Murotech Ohio Corporation | $1,047,378 | AI Deep Dive |
| Omni Manufacturing INC | $950,200 | AI Deep Dive |
| Omni Manufacturing, Inc. | $909,700 | AI Deep Dive |
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