PPP Loan information for Wear-concepts inc.

$434,920

Wear-concepts inc. was initially approved for PPP Loan of amount $434,920, the current approved amount is $434,920. The loan was approved on 02/24/2021 by The U.S. Bank, National Association reported 31 jobs and $434,920 was used to fund payroll.

Wear-concepts inc. is Existing or more than 2 years old

WEAR-CONCEPTS INC.

Date Approved

02/24/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

WEAR-CONCEPTS INC.

Borrower Address

2845 E Heartland Dr

Borrower City

Liberty

Borrower State

MO

Borrower Zip

64068-3314

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

434920.00

Current Approval Amount

434920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Liberty

Project County Name

CLAY

Project State

MO

Project Zip

64068-3314

CD

MO-06

Jobs Reported

31

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

434916.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

437118.76

Forgiveness Date

08/30/2021

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