PPP Loan information for Welter forest products inc.

$1,481,190

Welter forest products inc. was initially approved for PPP Loan of amount $1,481,190, the current approved amount is $1,481,190. The loan was approved on 02/01/2021 by The Peoples State Bank reported 130 jobs and $1,481,190 was used to fund payroll.

Welter forest products inc. is Existing or more than 2 years old

WELTER FOREST PRODUCTS INC.

Date Approved

02/01/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

WELTER FOREST PRODUCTS INC.

Borrower Address

500 County S Rd

Borrower City

New London

Borrower State

WI

Borrower Zip

54961

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1481190.00

Current Approval Amount

1481190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76688

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

301 E Blackhawk Ave

Servicing Lender City

PRAIRIE DU CHIEN

Servicing Lender State

WI

Servicing Lender Zip

53821-1532

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

OUTAGAMIE

Project State

WI

Project Zip

54961

CD

WI-08

Jobs Reported

130

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1481186.00

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

Subchapter S Corporation

Originating Lender Location Id

76688

Originating Lender

Peoples State Bank

Originating Lender City

PRAIRIE DU CHIEN

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1489007.39

Forgiveness Date

08/11/2021

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