PPP Loan information for Wisch motors inc

$961,900

Wisch motors inc was initially approved for PPP Loan of amount $961,900, the current approved amount is $961,900. The loan was approved on 04/08/2020 by The Moody National Bank reported 80 jobs and $961,900 was used to fund payroll.

Wisch motors inc is Existing or more than 2 years old

PPP Loan Search / TX / BAYTOWN / Wisch motors inc

WISCH MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

WISCH MOTORS INC

Borrower Address

5225 EAST FWY

Borrower City

BAYTOWN

Borrower State

TX

Borrower Zip

77521-9057

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

961900.00

Current Approval Amount

961900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69994

Servicing Lender Name

Moody National Bank

Servicing Lender Address

2302 Post Office

Servicing Lender City

GALVESTON

Servicing Lender State

TX

Servicing Lender Zip

77550-1913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAYTOWN

Project County Name

HARRIS

Project State

TX

Project Zip

77521-9057

CD

TX-36

Jobs Reported

80

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

961900.00

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

Subchapter S Corporation

Originating Lender Location Id

69994

Originating Lender

Moody National Bank

Originating Lender City

GALVESTON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

971229.11

Forgiveness Date

03/31/2021

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