PPP Loan information for Racine area manufacturers and commerce inc

$62,308

Racine area manufacturers and commerce inc was initially approved for PPP Loan of amount $62,308, the current approved amount is $62,308. The loan was approved on 01/22/2021 by The Community State Bank reported 6 jobs and $62,308 was used to fund payroll.

Racine area manufacturers and commerce inc is Existing or more than 2 years old

PPP Loan Search / WI / Racine / Racine area manufacturers and commerce inc

RACINE AREA MANUFACTURERS AND COMMERCE INC

Date Approved

01/22/2021

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RACINE AREA MANUFACTURERS AND COMMERCE INC

Borrower Address

300 5th St

Borrower City

Racine

Borrower State

WI

Borrower Zip

53403-1043

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62307.50

Current Approval Amount

62307.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Racine

Project County Name

RACINE

Project State

WI

Project Zip

53403-1043

CD

WI-01

Jobs Reported

6

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62306.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

501(c)6 – Non Profit Membership

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

62681.35

Forgiveness Date

09/07/2021

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