PPP Loan information for Wheel city motors inc

$37,270

Wheel city motors inc was initially approved for PPP Loan of amount $37,270, the current approved amount is $37,270. The loan was approved on 04/09/2020 by The Westby Co-op CU reported 3 jobs and $37,270 was used to fund payroll.

Wheel city motors inc is Existing or more than 2 years old

WHEEL CITY MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WHEEL CITY MOTORS INC

Borrower Address

548 S Albert Ave

Borrower City

Reedsburg

Borrower State

WI

Borrower Zip

53959-1827

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37270.00

Current Approval Amount

37270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108493

Servicing Lender Name

Westby Co-op CU

Servicing Lender Address

501 N Main St

Servicing Lender City

WESTBY

Servicing Lender State

WI

Servicing Lender Zip

54667-1129

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reedsburg

Project County Name

SAUK

Project State

WI

Project Zip

53959-1827

CD

WI-02

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

657.00

Payroll Proceed

30256.00

Mortgage Interest Proceed

0.00

Rent Proceed

3800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1717.00

Debt Interest Proceed

840

Business Type

Corporation

Originating Lender Location Id

108493

Originating Lender

Westby Co-op CU

Originating Lender City

WESTBY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37479.13

Forgiveness Date

11/05/2020

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