# PPP loan: MIDLANDS TECHNOLOGIES INC
> **$218K** approved 04/07/2020 · Paid in Full · Loan `7465127008`
## Borrower
- **Name:** MIDLANDS TECHNOLOGIES INC
- **Address:** 1911 36TH ST NE, CANTON, OH, 44705-5023
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Rent:** $54K
- **Jobs reported:** 25
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*