PPP Loan information for Webster electric inc

$229,295

Webster electric inc was initially approved for PPP Loan of amount $229,295, the current approved amount is $229,295. The loan was approved on 03/31/2021 by The PNC Bank, National Association reported 20 jobs and $229,295 was used to fund payroll.

Webster electric inc is Existing or more than 2 years old

WEBSTER ELECTRIC INC

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WEBSTER ELECTRIC INC

Borrower Address

2222 Glendenning Rd 2222 Glendenning Rd

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49001-4159

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

229295.00

Current Approval Amount

229295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-4159

CD

MI-04

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

229292.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231072.04

Forgiveness Date

01/07/2022

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