PPP Loan information for Waytek, inc

$1,205,900

Waytek, inc was initially approved for PPP Loan of amount $1,205,900, the current approved amount is $1,205,900. The loan was approved on 04/15/2020 by The Old National Bank reported 89 jobs and $1,205,900 was used to fund payroll.

Waytek, inc is Existing or more than 2 years old

WAYTEK, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WAYTEK, INC

Borrower Address

2440 Galpin Court P.O. Box 690

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1205900.00

Current Approval Amount

1205900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-0001

CD

MN-06

Jobs Reported

89

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1205900.00

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

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1212111.21

Forgiveness Date

11/05/2020

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