PPP Loan information for Western reserve, inc.

$145,000

Western reserve, inc. was initially approved for PPP Loan of amount $145,000, the current approved amount is $145,000. The loan was approved on 04/07/2020 by The Independence Bank reported 37 jobs and $145,000 was used to fund payroll.

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

WESTERN RESERVE, INC.

Date Approved

04/07/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

WESTERN RESERVE, INC.

Borrower Address

1465 US HIGHWAY 2 NW SUITE A

Borrower City

HAVRE

Borrower State

MT

Borrower Zip

59501-3423

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145000.00

Current Approval Amount

145000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41936

Servicing Lender Name

Independence Bank

Servicing Lender Address

435 3rd St

Servicing Lender City

HAVRE

Servicing Lender State

MT

Servicing Lender Zip

59501-3613

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAVRE

Project County Name

HILL

Project State

MT

Project Zip

59501-3423

CD

MT-02

Jobs Reported

37

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17751.00

Payroll Proceed

116000.00

Mortgage Interest Proceed

614.00

Rent Proceed

10635.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41936

Originating Lender

Independence Bank

Originating Lender City

HAVRE

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

135913.56

Forgiveness Date

12/21/2020

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