# PPP loan: MIDWAY RENTALS, INC.
> **$396K** approved 01/16/2021 · Paid in Full · Loan `1179768304`
## Borrower
- **Name:** MIDWAY RENTALS, INC.
- **Address:** 43 Industrial Park Dr, Negaunee, MI, 49866-9627
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $396K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** First Bank, Upper Michigan
- **Servicing:** First Bank, Upper Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*