PPP Loan information for Saelens corporation

$1,645,700

Saelens corporation was initially approved for PPP Loan of amount $1,645,700, the current approved amount is $1,645,700. The loan was approved on 04/07/2020 by The Johnson Bank reported 160 jobs and $1,645,700 was used to fund payroll.

Saelens corporation is Existing or more than 2 years old

PPP Loan Search / WI / JOHNSON CREEK / Saelens corporation

SAELENS CORPORATION

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SAELENS CORPORATION

Borrower Address

100 VETERANS DR

Borrower City

JOHNSON CREEK

Borrower State

WI

Borrower Zip

53038-9408

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1645700.00

Current Approval Amount

1645700.00

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

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

160

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

205712.50

Payroll Proceed

1234275.00

Mortgage Interest Proceed

205712.50

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

1659587.00

Forgiveness Date

02/18/2021

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