PPP Loan information for Wartrom machine systems inc

$642,287

Wartrom machine systems inc was initially approved for PPP Loan of amount $642,287, the current approved amount is $642,287. The loan was approved on 02/02/2021 by The PNC Bank, National Association reported 34 jobs and $642,287 was used to fund payroll.

Wartrom machine systems inc is Existing or more than 2 years old

WARTROM MACHINE SYSTEMS INC

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WARTROM MACHINE SYSTEMS INC

Borrower Address

36036 Beier St

Borrower City

Richmond

Borrower State

MI

Borrower Zip

48062-1307

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

642287.00

Current Approval Amount

642287.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

MACOMB

Project State

MI

Project Zip

48062-1307

CD

MI-09

Jobs Reported

34

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

642283.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

647282.57

Forgiveness Date

11/15/2021

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