Midwest Elastomers, Inc.

$776,450 PPP Loan in Wapakoneta, Ohio

Loan Details

Loan Number
7906097008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$776,450
Current Approval
$776,450
Forgiveness Amount
$783,956
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Elastomers, Inc.
Address
700 Industrial Dr
State
Ohio
ZIP Code
45895-9200
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326211)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$64.5M
Rural/Urban
Rural
Congressional District
OH-04

Loan Use Breakdown

Payroll
$621,160
Utilities
$77,645
Mortgage Interest
$77,645

Lender Information

Servicing Lender
The Old Fort Banking Company
Originating Lender
The Old Fort Banking Company

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