PPP Loan information for Wellex manufacturing inc.

$94,850

Wellex manufacturing inc. was initially approved for PPP Loan of amount $94,850, the current approved amount is $94,850. The loan was approved on 04/27/2020 by The The Park National Bank reported 8 jobs and $94,850 was used to fund payroll.

Wellex manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / OH / AMELIA / Wellex manufacturing inc.

WELLEX MANUFACTURING INC.

Date Approved

04/27/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

WELLEX MANUFACTURING INC.

Borrower Address

3214 Marshall Dr

Borrower City

AMELIA

Borrower State

OH

Borrower Zip

45102-9212

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94850.00

Current Approval Amount

94850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMELIA

Project County Name

CLERMONT

Project State

OH

Project Zip

45102-9212

CD

OH-02

Jobs Reported

8

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3342.00

Payroll Proceed

80092.00

Mortgage Interest Proceed

3668.00

Rent Proceed

2762.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4986.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95270.98

Forgiveness Date

10/09/2020

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