PPP Loan information for Wem automation llc

$849,200

Wem automation llc was initially approved for PPP Loan of amount $849,200, the current approved amount is $849,200. The loan was approved on 04/05/2020 by The Enterprise Bank & Trust reported 40 jobs and $849,200 was used to fund payroll.

Wem automation llc is Existing or more than 2 years old

WEM AUTOMATION LLC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WEM AUTOMATION LLC

Borrower Address

2501 S. Moorland Rd

Borrower City

NEW BERLIN

Borrower State

WI

Borrower Zip

53151-2947

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

849200.00

Current Approval Amount

849200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BERLIN

Project County Name

WAUKESHA

Project State

WI

Project Zip

53151-2947

CD

WI-05

Jobs Reported

40

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

849200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

854814.16

Forgiveness Date

12/09/2020

;