PPP Loan information for Wetzel tool & engineering, inc.

$193,812

Wetzel tool & engineering, inc. was initially approved for PPP Loan of amount $193,812, the current approved amount is $193,812. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 12 jobs and $193,812 was used to fund payroll.

Wetzel tool & engineering, inc. is Existing or more than 2 years old

WETZEL TOOL & ENGINEERING, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WETZEL TOOL & ENGINEERING, INC.

Borrower Address

46952 LIBERTY DR

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193812.00

Current Approval Amount

193812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-0001

CD

MI-11

Jobs Reported

12

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193812.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196196.96

Forgiveness Date

08/02/2021

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