PPP Loan information for Weems industries inc.

$978,665

Weems industries inc. was initially approved for PPP Loan of amount $978,665, the current approved amount is $978,665. The loan was approved on 03/18/2021 by The U.S. Bank, National Association reported 94 jobs and $978,665 was used to fund payroll.

Weems industries inc. is Existing or more than 2 years old

PPP Loan Search / IA / Marion / Weems industries inc.

WEEMS INDUSTRIES INC.

Date Approved

03/18/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WEEMS INDUSTRIES INC.

Borrower Address

6509 Partners Ave

Borrower City

Marion

Borrower State

IA

Borrower Zip

52302-4864

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

978665.00

Current Approval Amount

978665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

LINN

Project State

IA

Project Zip

52302-4864

CD

IA-02

Jobs Reported

94

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

978663.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

983232.10

Forgiveness Date

09/10/2021

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