PPP Loan information for Wearcheck lubrication services, llc

$317,000

Wearcheck lubrication services, llc was initially approved for PPP Loan of amount $317,000, the current approved amount is $317,000. The loan was approved on 04/10/2020 by The Paradise Bank reported 29 jobs and $317,000 was used to fund payroll.

Wearcheck lubrication services, llc is Existing or more than 2 years old

WEARCHECK LUBRICATION SERVICES, LLC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

WEARCHECK LUBRICATION SERVICES, LLC

Borrower Address

263 FERN PALM RD

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33432-7509

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317000.00

Current Approval Amount

317000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434144

Servicing Lender Name

Paradise Bank

Servicing Lender Address

2420 N Federal Hwy

Servicing Lender City

BOCA RATON

Servicing Lender State

FL

Servicing Lender Zip

33431-7714

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33432-7509

CD

FL-23

Jobs Reported

29

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

259000.00

Mortgage Interest Proceed

12000.00

Rent Proceed

31000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

434144

Originating Lender

Paradise Bank

Originating Lender City

BOCA RATON

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318796.33

Forgiveness Date

11/05/2020

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