# PPP loan: MCDOWELL ENTERPRISES, INC.
> **$201K** approved 04/13/2020 · Paid in Full · Loan `5655577103`
## Borrower
- **Name:** MCDOWELL ENTERPRISES, INC.
- **Address:** 2010 SUPERIOR ST, ELKHART, IN, 46516-4706
- **NAICS:** 332811
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $24K
- **Debt interest:** $1K
- **Jobs reported:** 18
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*