PPP Loan information for Weartek, inc.

$118,098

Weartek, inc. was initially approved for PPP Loan of amount $118,098, the current approved amount is $118,098. The loan was approved on 05/01/2020 by The Synovus Bank reported 16 jobs and $118,098 was used to fund payroll.

Weartek, inc. is Existing or more than 2 years old

WEARTEK, INC.

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WEARTEK, INC.

Borrower Address

384 MOUNTAIN TOP LOOP

Borrower City

PELL CITY

Borrower State

AL

Borrower Zip

35128-5064

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118097.50

Current Approval Amount

118097.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PELL CITY

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35128-5064

CD

AL-03

Jobs Reported

16

NAICS Code

451120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118097.50

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118896.68

Forgiveness Date

01/07/2021

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