PPP Loan information for Werth electric inc

$25,324

Werth electric inc was initially approved for PPP Loan of amount $25,324, the current approved amount is $25,324. The loan was approved on 04/28/2020 by The Northland Area FCU reported 6 jobs and $25,324 was used to fund payroll.

Werth electric inc is Existing or more than 2 years old

PPP Loan Search / MI / Alpena / Werth electric inc

WERTH ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WERTH ELECTRIC INC

Borrower Address

2145 Laforest Avenue

Borrower City

Alpena

Borrower State

MI

Borrower Zip

49707

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25324.00

Current Approval Amount

25324.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99552

Servicing Lender Name

Northland Area FCU

Servicing Lender Address

1161 N Bagley St.

Servicing Lender City

ALPENA

Servicing Lender State

MI

Servicing Lender Zip

49707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpena

Project County Name

ALPENA

Project State

MI

Project Zip

49707-0001

CD

MI-01

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6331.00

Payroll Proceed

18993.00

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

99552

Originating Lender

Northland Area FCU

Originating Lender City

ALPENA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20449.28

Forgiveness Date

12/14/2020

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