PPP Loan information for Wft engineering inc

$542,942

Wft engineering inc was initially approved for PPP Loan of amount $542,942, the current approved amount is $542,942. The loan was approved on 01/29/2021 by The Old Dominion National Bank reported 32 jobs and $542,942 was used to fund payroll.

Wft engineering inc is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Wft engineering inc

WFT ENGINEERING INC

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

WFT ENGINEERING INC

Borrower Address

1801 Research Blvd Ste 100

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850-3172

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542941.95

Current Approval Amount

542941.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-3172

CD

MD-08

Jobs Reported

32

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

542938.95

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

550453.89

Forgiveness Date

06/23/2022

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