Material Handling Exchange, Inc.
$1,169,830 PPP Loan in Indianapolis, Indiana
Loan Details
- Loan Number
- 8314817000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,169,830
- Current Approval
- $1,169,830
- Forgiveness Amount
- $1,186,015
- Forgiveness Date
- Sep 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Material Handling Exchange, Inc.
- Address
- 1800 Chrchman Ave.
- City
- Indianapolis
- State
- Indiana
- ZIP Code
- 46203
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 135
- Estimated Revenue
- $41.4M
- Rural/Urban
- Urban
- Congressional District
- IN-07
Loan Use Breakdown
- Payroll
- $935,864
- Rent
- $116,983
- Utilities
- $116,983
Lender Information
- Servicing Lender
- Horizon Bank
- Originating Lender
- Horizon Bank
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