PPP Loan information for Welter storage equipment company, inc.

$448,000

Welter storage equipment company, inc. was initially approved for PPP Loan of amount $448,000, the current approved amount is $448,000. The loan was approved on 04/06/2020 by The Ohnward Bank & Trust reported 47 jobs and $448,000 was used to fund payroll.

Welter storage equipment company, inc. is Existing or more than 2 years old

PPP Loan Search / IA / MONTICELLO / Welter storage equipment company, inc.

WELTER STORAGE EQUIPMENT COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WELTER STORAGE EQUIPMENT COMPANY, INC.

Borrower Address

1052 MAIN ST

Borrower City

MONTICELLO

Borrower State

IA

Borrower Zip

52310-7708

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448000.00

Current Approval Amount

448000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

JONES

Project State

IA

Project Zip

52310-7708

CD

IA-01

Jobs Reported

47

NAICS Code

493110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

448000.00

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

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

450565.26

Forgiveness Date

11/12/2020

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