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
- City
- Indianapolis
- 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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|---|---|---|
| Venture Transport, LLC | $10,000,000 | |
| Protrans Holdings, Inc. | $10,000,000 | |
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| If&p Foods, LLC | $9,776,600 |
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