PPP Loan information for Stainless specialists inc.

$2,000,000

Stainless specialists inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The First Business Bank reported 87 jobs and $2,000,000 was used to fund payroll.

Stainless specialists inc. is Existing or more than 2 years old

STAINLESS SPECIALISTS INC.

Date Approved

01/25/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

STAINLESS SPECIALISTS INC.

Borrower Address

238441 Steel Ln

Borrower City

Wausau

Borrower State

WI

Borrower Zip

54403-6169

Loan Status Date

02/16/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76065

Servicing Lender Name

First Business Bank

Servicing Lender Address

401 Charmany Dr

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53719-1272

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wausau

Project County Name

MARATHON

Project State

WI

Project Zip

54403-6169

CD

WI-07

Jobs Reported

87

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Corporation

Originating Lender Location Id

76065

Originating Lender

First Business Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273299.20

Forgiveness Date

01/11/2023

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