PPP Loan information for Wang engineering, inc

$860,125

Wang engineering, inc was initially approved for PPP Loan of amount $860,125, the current approved amount is $860,125. The loan was approved on 04/06/2020 by The American Bank and Trust Company, National Association reported 36 jobs and $860,125 was used to fund payroll.

Wang engineering, inc is Existing or more than 2 years old

WANG ENGINEERING, INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WANG ENGINEERING, INC

Borrower Address

1145 N MAIN ST

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148-1360

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

860125.00

Current Approval Amount

860125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123981

Servicing Lender Name

American Bank and Trust Company, National Association

Servicing Lender Address

4301 E 53rd St

Servicing Lender City

DAVENPORT

Servicing Lender State

IA

Servicing Lender Zip

52807-3861

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-1360

CD

IL-03

Jobs Reported

36

NAICS Code

541330

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

860125.00

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

123981

Originating Lender

American Bank and Trust Company, National Association

Originating Lender City

DAVENPORT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

865142.40

Forgiveness Date

11/23/2020

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