PPP Loan information for Washers, incorporated

$1,350,700

Washers, incorporated was initially approved for PPP Loan of amount $1,350,700, the current approved amount is $1,350,700. The loan was approved on 04/10/2020 by The First Merchants Bank reported 91 jobs and $1,350,700 was used to fund payroll.

Washers, incorporated is Existing or more than 2 years old

WASHERS, INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WASHERS, INCORPORATED

Borrower Address

33375 Glendale

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1615

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1350700.00

Current Approval Amount

1350700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1615

CD

MI-12

Jobs Reported

91

NAICS Code

332722

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1350700.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1359026.23

Forgiveness Date

11/27/2020

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