PPP Loan information for Racine county economic development corporation

$189,700

Racine county economic development corporation was initially approved for PPP Loan of amount $189,700, the current approved amount is $189,700. The loan was approved on 04/09/2020 by The Johnson Bank reported 11 jobs and $189,700 was used to fund payroll.

Racine county economic development corporation is New Business or 2 years or less

PPP Loan Search / WI / STURTEVANT / Racine county economic development corporation

RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

2320 RENAISSANCE BLVD

Borrower City

STURTEVANT

Borrower State

WI

Borrower Zip

53177-1763

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189700.00

Current Approval Amount

189700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STURTEVANT

Project County Name

RACINE

Project State

WI

Project Zip

53177-1763

CD

WI-01

Jobs Reported

11

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

142275.00

Mortgage Interest Proceed

47425.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

190864.19

Forgiveness Date

11/30/2020

;