PPP Loan information for Stainless specialists, inc

$2,767,000

Stainless specialists, inc was initially approved for PPP Loan of amount $2,767,000, the current approved amount is $2,767,000. The loan was approved on 04/05/2020 by The First Business Bank reported 90 jobs and $2,767,000 was used to fund payroll.

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

STAINLESS SPECIALISTS, INC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

STAINLESS SPECIALISTS, INC

Borrower Address

23841 Steel Lane

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54403

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2767000.00

Current Approval Amount

2767000.00

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

54403-1000

CD

WI-07

Jobs Reported

90

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2767000.00

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

2798536.22

Forgiveness Date

06/11/2021

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