PPP Loan information for Strang, inc

$954,600

Strang, inc was initially approved for PPP Loan of amount $954,600, the current approved amount is $954,600. The loan was approved on 04/06/2020 by The Summit CU reported 61 jobs and $954,600 was used to fund payroll.

Strang, inc is Existing or more than 2 years old

STRANG, INC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

STRANG, INC

Borrower Address

811 E WASHINGTON AVE 200

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53703-3688

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

954600.00

Current Approval Amount

954600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53703-3688

CD

WI-02

Jobs Reported

61

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

954600.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

896301.83

Forgiveness Date

11/10/2020

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