Midwest Recycling Equipment, Inc.

$92,125 PPP Loan in La Porte, Indiana

Loan Details

Loan Number
8881257005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$92,125
Current Approval
$92,125
Forgiveness Amount
$92,618
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midwest Recycling Equipment, Inc.
Address
1733 E Division Road
State
Indiana
ZIP Code
46350-8041
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$73,700
Rent
$18,425

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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