PPP Loan information for Westech industries, inc.

$508,882

Westech industries, inc. was initially approved for PPP Loan of amount $508,882, the current approved amount is $508,882. The loan was approved on 04/11/2020 by The Farmers & Merchants Bank of Central California reported 34 jobs and $508,882 was used to fund payroll.

Westech industries, inc. is Existing or more than 2 years old

WESTECH INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

WESTECH INDUSTRIES, INC.

Borrower Address

12755 E Stockton Blvd

Borrower City

MINDEN

Borrower State

NV

Borrower Zip

89423

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508882.00

Current Approval Amount

508882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5461

Servicing Lender Name

Farmers & Merchants Bank of Central California

Servicing Lender Address

121 W Pine St

Servicing Lender City

LODI

Servicing Lender State

CA

Servicing Lender Zip

95240-2110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINDEN

Project County Name

DOUGLAS

Project State

NV

Project Zip

89423-0001

CD

NV-02

Jobs Reported

34

NAICS Code

238990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

508882.00

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

5461

Originating Lender

Farmers & Merchants Bank of Central California

Originating Lender City

LODI

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

511809.81

Forgiveness Date

11/17/2020

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