PPP Loan information for Washburn iron works inc

$389,400

Washburn iron works inc was initially approved for PPP Loan of amount $389,400, the current approved amount is $389,400. The loan was approved on 04/06/2020 by The Bremer Bank, National Association reported 41 jobs and $389,400 was used to fund payroll.

Washburn iron works inc is Existing or more than 2 years old

PPP Loan Search / WI / WASHBURN / Washburn iron works inc

WASHBURN IRON WORKS INC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WASHBURN IRON WORKS INC

Borrower Address

112 E Bayfield St

Borrower City

WASHBURN

Borrower State

WI

Borrower Zip

54891-1132

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389400.00

Current Approval Amount

389400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHBURN

Project County Name

BAYFIELD

Project State

WI

Project Zip

54891-1132

CD

WI-07

Jobs Reported

41

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

389400.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391597.71

Forgiveness Date

11/03/2020

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