PPP Loan information for Wess inc

$457,366

Wess inc was initially approved for PPP Loan of amount $519,866, the current approved amount is $457,366. The loan was approved on 04/06/2020 by The Farmers Trust & Savings Bank reported 35 jobs and $457,366 was used to fund payroll.

Wess inc is Existing or more than 2 years old

WESS INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WESS INC

Borrower Address

1300 South 24th St

Borrower City

CLEAR LAKE

Borrower State

IA

Borrower Zip

50428-4014

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519866.00

Current Approval Amount

457366.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24626

Servicing Lender Name

Farmers Trust & Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

BUFFALO CENTER

Servicing Lender State

IA

Servicing Lender Zip

50424

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEAR LAKE

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-4014

CD

IA-02

Jobs Reported

35

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

457366.00

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

24626

Originating Lender

Farmers Trust & Savings Bank

Originating Lender City

BUFFALO CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

460786.85

Forgiveness Date

01/14/2021

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