PPP Loan information for Racine metal-fab, ltd.

$885,000

Racine metal-fab, ltd. was initially approved for PPP Loan of amount $885,000, the current approved amount is $885,000. The loan was approved on 04/07/2020 by The Johnson Bank reported 53 jobs and $885,000 was used to fund payroll.

Racine metal-fab, ltd. is Existing or more than 2 years old

PPP Loan Search / WI / STURTEVANT / Racine metal-fab, ltd.

RACINE METAL-FAB, LTD.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RACINE METAL-FAB, LTD.

Borrower Address

1520 GRANDVIEW PKWY

Borrower City

STURTEVANT

Borrower State

WI

Borrower Zip

53177-1221

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

885000.00

Current Approval Amount

885000.00

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

Existing or more than 2 years old

Project City

STURTEVANT

Project County Name

RACINE

Project State

WI

Project Zip

53177-1221

CD

WI-01

Jobs Reported

53

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

110625.00

Payroll Proceed

663750.00

Mortgage Interest Proceed

0.00

Rent Proceed

110625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

893486.30

Forgiveness Date

03/31/2021

;