PPP Loan information for Westphalia power inc.

$141,740

Westphalia power inc. was initially approved for PPP Loan of amount $141,740, the current approved amount is $141,740. The loan was approved on 02/05/2021 by The Union Bank reported 11 jobs and $141,740 was used to fund payroll.

Westphalia power inc. is Existing or more than 2 years old

WESTPHALIA POWER INC.

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WESTPHALIA POWER INC.

Borrower Address

101 E Main St

Borrower City

Westphalia

Borrower State

MI

Borrower Zip

48894-9837

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141740.00

Current Approval Amount

141740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35975

Servicing Lender Name

Union Bank

Servicing Lender Address

933 4th Ave

Servicing Lender City

LAKE ODESSA

Servicing Lender State

MI

Servicing Lender Zip

48849-1020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westphalia

Project County Name

CLINTON

Project State

MI

Project Zip

48894-9837

CD

MI-04

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

141738.00

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

35975

Originating Lender

Union Bank

Originating Lender City

LAKE ODESSA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142295.15

Forgiveness Date

06/30/2021

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