PPP Loan information for Weitron inc

$737,260

Weitron inc was initially approved for PPP Loan of amount $737,260, the current approved amount is $737,260. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 64 jobs and $737,260 was used to fund payroll.

Weitron inc is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Weitron inc

WEITRON INC

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

WEITRON INC

Borrower Address

801 Pencader Drive

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

737260.00

Current Approval Amount

737260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-1000

CD

DE-

Jobs Reported

64

NAICS Code

423740

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62000.00

Payroll Proceed

540260.00

Mortgage Interest Proceed

0.00

Rent Proceed

55000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

36000.00

Debt Interest Proceed

44000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

747197.86

Forgiveness Date

08/26/2021

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