PPP Loan information for Wencol, inc.

$67,000

Wencol, inc. was initially approved for PPP Loan of amount $67,000, the current approved amount is $67,000. The loan was approved on 04/04/2020 by The Community Bank Owatonna reported 10 jobs and $67,000 was used to fund payroll.

Wencol, inc. is Existing or more than 2 years old

WENCOL, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WENCOL, INC.

Borrower Address

114 E ROSE ST

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-2424

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67000.00

Current Approval Amount

67000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317317

Servicing Lender Name

Community Bank Owatonna

Servicing Lender Address

640 Bridge St

Servicing Lender City

OWATONNA

Servicing Lender State

MN

Servicing Lender Zip

55060-2702

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-2424

CD

MN-01

Jobs Reported

10

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67000.00

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

317317

Originating Lender

Community Bank Owatonna

Originating Lender City

OWATONNA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67442.94

Forgiveness Date

12/09/2020

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