PPP Loan information for Wehrs machine and racing products

$180,993

Wehrs machine and racing products was initially approved for PPP Loan of amount $180,993, the current approved amount is $180,993. The loan was approved on 04/07/2020 by The Union State Bank reported 26 jobs and $180,993 was used to fund payroll.

Wehrs machine and racing products is Existing or more than 2 years old

WEHRS MACHINE AND RACING PRODUCTS

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WEHRS MACHINE AND RACING PRODUCTS

Borrower Address

N4477 State Road 162

Borrower City

BANGOR

Borrower State

WI

Borrower Zip

54614

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180992.50

Current Approval Amount

180992.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77010

Servicing Lender Name

Union State Bank

Servicing Lender Address

120 S Mill St

Servicing Lender City

WEST SALEM

Servicing Lender State

WI

Servicing Lender Zip

54669-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

LA CROSSE

Project State

WI

Project Zip

54614-0001

CD

WI-03

Jobs Reported

26

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18099.25

Payroll Proceed

144794.00

Mortgage Interest Proceed

18099.25

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

77010

Originating Lender

Union State Bank

Originating Lender City

WEST SALEM

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182224.25

Forgiveness Date

12/10/2020

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