PPP Loan information for Walser electric inc

$222,400

Walser electric inc was initially approved for PPP Loan of amount $222,400, the current approved amount is $222,400. The loan was approved on 04/04/2020 by The Lake Ridge Bank reported 17 jobs and $222,400 was used to fund payroll.

Walser electric inc is Existing or more than 2 years old

WALSER ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WALSER ELECTRIC INC

Borrower Address

8609 Fairway Place

Borrower City

MIDDLETON

Borrower State

WI

Borrower Zip

53562-2503

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222400.00

Current Approval Amount

222400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

DANE

Project State

WI

Project Zip

53562-2503

CD

WI-02

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222400.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179320.43

Forgiveness Date

11/10/2020

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