PPP Loan information for Willetts technology, inc

$587,672

Willetts technology, inc was initially approved for PPP Loan of amount $587,672, the current approved amount is $587,672. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 73 jobs and $587,672 was used to fund payroll.

Willetts technology, inc is Existing or more than 2 years old

WILLETTS TECHNOLOGY, INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WILLETTS TECHNOLOGY, INC

Borrower Address

446 North Mechanic St

Borrower City

CUMBERLAND

Borrower State

MD

Borrower Zip

21502

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587672.00

Current Approval Amount

587672.00

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

21502-0001

CD

MD-06

Jobs Reported

73

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

565872.00

Mortgage Interest Proceed

0.00

Rent Proceed

8800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

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

594482.55

Forgiveness Date

06/17/2021

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