PPP Loan information for Webbros inc

$690,200

Webbros inc was initially approved for PPP Loan of amount $690,200, the current approved amount is $690,200. The loan was approved on 02/20/2021 by The Midwest Bank reported 47 jobs and $690,200 was used to fund payroll.

Webbros inc is Existing or more than 2 years old

PPP Loan Search / MN / Detroit Lakes / Webbros inc

WEBBROS INC

Date Approved

02/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WEBBROS INC

Borrower Address

1389 Wenner Rd

Borrower City

Detroit Lakes

Borrower State

MN

Borrower Zip

56501-7918

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

690200.00

Current Approval Amount

690200.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Detroit Lakes

Project County Name

BECKER

Project State

MN

Project Zip

56501-7918

CD

MN-07

Jobs Reported

47

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

690197.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

695872.88

Forgiveness Date

12/22/2021

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