PPP Loan information for Waibel energy systems, inc.

$1,959,058

Waibel energy systems, inc. was initially approved for PPP Loan of amount $1,959,058, the current approved amount is $1,959,058. The loan was approved on 04/09/2020 by The WesBanco Bank, Inc. reported 100 jobs and $1,959,058 was used to fund payroll.

Waibel energy systems, inc. is Existing or more than 2 years old

PPP Loan Search / OH / VANDALIA / Waibel energy systems, inc.

WAIBEL ENERGY SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

WAIBEL ENERGY SYSTEMS, INC.

Borrower Address

815 FALLS CREEK DR

Borrower City

VANDALIA

Borrower State

OH

Borrower Zip

45377-9695

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1959057.50

Current Approval Amount

1959057.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VANDALIA

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45377-9695

CD

OH-10

Jobs Reported

100

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

489764.00

Payroll Proceed

1469293.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1984713.10

Forgiveness Date

08/09/2021

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