PPP Loan information for Western engineering company, inc.

$1,657,800

Western engineering company, inc. was initially approved for PPP Loan of amount $1,657,800, the current approved amount is $1,657,800. The loan was approved on 04/09/2020 by The Malvern Bank reported 194 jobs and $1,657,800 was used to fund payroll.

Western engineering company, inc. is Existing or more than 2 years old

PPP Loan Search / IA / HARLAN / Western engineering company, inc.

WESTERN ENGINEERING COMPANY, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WESTERN ENGINEERING COMPANY, INC.

Borrower Address

1149 Hwy 44

Borrower City

HARLAN

Borrower State

IA

Borrower Zip

51537

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1657800.00

Current Approval Amount

1657800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25210

Servicing Lender Name

Malvern Bank

Servicing Lender Address

404 Main St

Servicing Lender City

MALVERN

Servicing Lender State

IA

Servicing Lender Zip

51551

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARLAN

Project County Name

SHELBY

Project State

IA

Project Zip

51537-0001

CD

IA-04

Jobs Reported

194

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1657800.00

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

25210

Originating Lender

Malvern Bank

Originating Lender City

MALVERN

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1667102.10

Forgiveness Date

11/05/2020

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