PPP Loan information for Wellform electrodes inc

$200,000

Wellform electrodes inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 30 jobs and $200,000 was used to fund payroll.

Wellform electrodes inc is Unanswered

WELLFORM ELECTRODES INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WELLFORM ELECTRODES INC

Borrower Address

2147 E 10 Mile Road

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48091-0899

CD

MI-10

Jobs Reported

30

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

201466.67

Forgiveness Date

01/12/2021

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