PPP Loan information for Waltech inc

$201,600

Waltech inc was initially approved for PPP Loan of amount $201,600, the current approved amount is $201,600. The loan was approved on 05/01/2020 by The Savers Co-Operative Bank reported 11 jobs and $201,600 was used to fund payroll.

Waltech inc is Existing or more than 2 years old

WALTECH INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WALTECH INC

Borrower Address

15 OLD FLANDERS RD

Borrower City

WESTBOROUGH

Borrower State

MA

Borrower Zip

01581-1009

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201600.00

Current Approval Amount

201600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89242

Servicing Lender Name

Savers Co-Operative Bank

Servicing Lender Address

270 Main St

Servicing Lender City

SOUTHBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

01550-2553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-1009

CD

MA-02

Jobs Reported

11

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201600.00

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

89242

Originating Lender

Savers Co-Operative Bank

Originating Lender City

SOUTHBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

202737.80

Forgiveness Date

11/30/2020

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