# PPP loan: MIDWEST NONWOVENS OF INDIANA, LLC
> **$220K** approved 04/07/2020 · Paid in Full · Loan `7538427006`
## Borrower
- **Name:** MIDWEST NONWOVENS OF INDIANA, LLC
- **Address:** 4760 Kentucky Ave, INDIANAPOLIS, IN, 46221-3530
- **NAICS:** 313230
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $55K
- **Jobs reported:** 20
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*