PPP Loan information for Webster electric, inc.

$460,300

Webster electric, inc. was initially approved for PPP Loan of amount $460,300, the current approved amount is $460,300. The loan was approved on 04/05/2020 by The Freedom Financial Bank reported 55 jobs and $460,300 was used to fund payroll.

Webster electric, inc. is Existing or more than 2 years old

PPP Loan Search / IA / WAUKEE / Webster electric, inc.

WEBSTER ELECTRIC, INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WEBSTER ELECTRIC, INC.

Borrower Address

495 ALICES RD Ste. B

Borrower City

WAUKEE

Borrower State

IA

Borrower Zip

50263-9634

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

460300.00

Current Approval Amount

460300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123481

Servicing Lender Name

Freedom Financial Bank

Servicing Lender Address

1255 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-2344

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKEE

Project County Name

DALLAS

Project State

IA

Project Zip

50263-9634

CD

IA-03

Jobs Reported

55

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15300.00

Payroll Proceed

425000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123481

Originating Lender

Freedom Financial Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

464059.12

Forgiveness Date

02/03/2021

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