PPP Loan information for Wine racks america, inc

$450,808

Wine racks america, inc was initially approved for PPP Loan of amount $450,808, the current approved amount is $450,808. The loan was approved on 04/28/2020 by The American Express National Bank reported 53 jobs and $450,808 was used to fund payroll.

Wine racks america, inc is Existing or more than 2 years old

WINE RACKS AMERICA, INC

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

WINE RACKS AMERICA, INC

Borrower Address

180 North 700 West

Borrower City

North Salt Lake

Borrower State

UT

Borrower Zip

84054

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450807.50

Current Approval Amount

450807.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Salt Lake

Project County Name

DAVIS

Project State

UT

Project Zip

84054-0001

CD

UT-02

Jobs Reported

53

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18032.30

Payroll Proceed

383186.37

Mortgage Interest Proceed

0.00

Rent Proceed

27048.45

Refinance EIDL Proceed

0.00

Health Care Proceed

22540.38

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

453611.15

Forgiveness Date

12/22/2020

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