PPP Loan information for Memco inc.

$56,700

Memco inc. was initially approved for PPP Loan of amount $56,700, the current approved amount is $56,700. The loan was approved on 08/05/2020 by The Town Bank, National Association reported 3 jobs and $56,700 was used to fund payroll.

Memco inc. is New Business or 2 years or less

PPP Loan Search / WI / RACINE / Memco inc.

MEMCO INC.

Date Approved

08/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MEMCO INC.

Borrower Address

4900 MEMCO LN

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53404-1160

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56700.00

Current Approval Amount

56700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122838

Servicing Lender Name

Town Bank, National Association

Servicing Lender Address

850 W North Shore Dr

Servicing Lender City

HARTLAND

Servicing Lender State

WI

Servicing Lender Zip

53029-8355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53404-1160

CD

WI-01

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5670.00

Payroll Proceed

42525.00

Mortgage Interest Proceed

8505.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122838

Originating Lender

Town Bank, National Association

Originating Lender City

HARTLAND

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57257.55

Forgiveness Date

07/27/2021

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