# PPP loan: MIDWEST EQUIPMENT COMPANY
> **$429K** approved 02/24/2021 · Paid in Full · Loan `3539668509`
## Borrower
- **Name:** MIDWEST EQUIPMENT COMPANY
- **Address:** 9800 Broadway Ave, Cleveland, OH, 44125-1639
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $429K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*