PPP Loan information for Willetts technology inc

$565,867

Willetts technology inc was initially approved for PPP Loan of amount $565,867, the current approved amount is $565,867. The loan was approved on 02/11/2021 by The Manufacturers and Traders Trust Company reported 64 jobs and $565,867 was used to fund payroll.

Willetts technology inc is Existing or more than 2 years old

WILLETTS TECHNOLOGY INC

Date Approved

02/11/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

WILLETTS TECHNOLOGY INC

Borrower Address

446 N Mechanic St

Borrower City

Cumberland

Borrower State

MD

Borrower Zip

21502-2270

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

565867.00

Current Approval Amount

565867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cumberland

Project County Name

ALLEGANY

Project State

MD

Project Zip

21502-2270

CD

MD-06

Jobs Reported

64

NAICS Code

518210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

565863.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

569990.85

Forgiveness Date

11/10/2021

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