PPP Loan information for Wap motors inc

$34,115

Wap motors inc was initially approved for PPP Loan of amount $34,115, the current approved amount is $34,115. The loan was approved on 04/28/2020 by The Frankenmuth CU reported 3 jobs and $34,115 was used to fund payroll.

Wap motors inc is Existing or more than 2 years old

WAP MOTORS INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WAP MOTORS INC

Borrower Address

415 E. JEFFERSON ST

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-9406

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34115.00

Current Approval Amount

34115.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-9406

CD

MI-04

Jobs Reported

3

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

27292.00

Mortgage Interest Proceed

3823.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34464.56

Forgiveness Date

05/18/2021

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