# PPP loan: MID-STATE EQUIPMENT CO. INC.
> **$305K** approved 04/11/2020 · Paid in Full · Loan `2778187100`
## Borrower
- **Name:** MID-STATE EQUIPMENT CO. INC.
- **Address:** 63 ROUTE 31, PENNINGTON, NJ, 08534-3601
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 21
## Lender
- **Originating:** Northfield Bank
- **Servicing:** Northfield Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*