PPP Loan information for Saelens corporation

$1,859,403

Saelens corporation was initially approved for PPP Loan of amount $1,859,403, the current approved amount is $1,859,403. The loan was approved on 02/02/2021 by The Johnson Bank reported 153 jobs and $1,859,403 was used to fund payroll.

Saelens corporation is Existing or more than 2 years old

SAELENS CORPORATION

Date Approved

02/02/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

SAELENS CORPORATION

Borrower Address

100 Veterans Dr

Borrower City

Johnson Creek

Borrower State

WI

Borrower Zip

53038-9408

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1859402.50

Current Approval Amount

1859402.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnson Creek

Project County Name

JEFFERSON

Project State

WI

Project Zip

53038-9408

CD

WI-05

Jobs Reported

153

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1859399.50

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

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1869845.72

Forgiveness Date

09/02/2021

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