PPP Loan information for Usemco, inc.

$1,141,400

Usemco, inc. was initially approved for PPP Loan of amount $1,141,400, the current approved amount is $1,141,400. The loan was approved on 04/06/2020 by The The First National Bank of Bangor reported 100 jobs and $1,141,400 was used to fund payroll.

Usemco, inc. is Existing or more than 2 years old

USEMCO, INC.

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

USEMCO, INC.

Borrower Address

1650 Rezin Road

Borrower City

TOMAH

Borrower State

WI

Borrower Zip

54660-2678

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1141400.00

Current Approval Amount

1141400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75613

Servicing Lender Name

The First National Bank of Bangor

Servicing Lender Address

1798 Commercial St

Servicing Lender City

BANGOR

Servicing Lender State

WI

Servicing Lender Zip

54614

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOMAH

Project County Name

MONROE

Project State

WI

Project Zip

54660-2678

CD

WI-03

Jobs Reported

100

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37000.00

Payroll Proceed

1099400.00

Mortgage Interest Proceed

5000.00

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

75613

Originating Lender

The First National Bank of Bangor

Originating Lender City

BANGOR

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1147685.52

Forgiveness Date

11/03/2020

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