Materials Processing INC

$5,663,682 PPP Loan in Indianapolis, Indiana

Loan Details

Loan Number
9719337001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$5,663,682
Current Approval
$5,459,402
Forgiveness Amount
$5,523,456
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Materials Processing INC
Address
3500 Depauw Boulevard, Suite 1090 0.0
State
Indiana
ZIP Code
46268-1174
Business Type
Subchapter S Corporation
Industry (NAICS)
Management of Companies and Enterprises (551112)
Business Age
Existing or more than 2 years old
Jobs Reported
446
Estimated Revenue
$73.3M
Rural/Urban
Urban
Congressional District
IN-07

Loan Use Breakdown

Payroll
$4,223,692
Rent
$124,107
Utilities
$236,027
Health Care
$842,700
Mortgage Interest
$22,876
Debt Interest
$10,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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