PPP Loan information for Water cooling equipment, inc

$378,300

Water cooling equipment, inc was initially approved for PPP Loan of amount $378,300, the current approved amount is $378,300. The loan was approved on 04/27/2020 by The New Frontier Bank reported 25 jobs and $378,300 was used to fund payroll.

Water cooling equipment, inc is Existing or more than 2 years old

WATER COOLING EQUIPMENT, INC

Date Approved

04/27/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

WATER COOLING EQUIPMENT, INC

Borrower Address

4884 PARK 370 BLVD

Borrower City

HAZELWOOD

Borrower State

MO

Borrower Zip

63042-4413

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378300.00

Current Approval Amount

378300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

202872

Servicing Lender Name

New Frontier Bank

Servicing Lender Address

1771 Zumbehl Rd

Servicing Lender City

SAINT CHARLES

Servicing Lender State

MO

Servicing Lender Zip

63303-2763

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAZELWOOD

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63042-4413

CD

MO-01

Jobs Reported

25

NAICS Code

423730

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

47287.50

Payroll Proceed

283725.00

Mortgage Interest Proceed

0.00

Rent Proceed

47287.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

202872

Originating Lender

New Frontier Bank

Originating Lender City

SAINT CHARLES

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381231.82

Forgiveness Date

02/11/2021

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