PPP Loan information for Work opportunity in rural communities inc

$220,556

Work opportunity in rural communities inc was initially approved for PPP Loan of amount $176,445, the current approved amount is $220,556. The loan was approved on 02/10/2021 by The Farmers & Merchants State Bank reported 24 jobs and $220,556 was used to fund payroll.

Work opportunity in rural communities inc is Existing or more than 2 years old

WORK OPPORTUNITY IN RURAL COMMUNITIES INC

Date Approved

02/10/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

WORK OPPORTUNITY IN RURAL COMMUNITIES INC

Borrower Address

100 Business Park Cir Ste 106

Borrower City

Stoughton

Borrower State

WI

Borrower Zip

53589-5501

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176444.76

Current Approval Amount

220555.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76867

Servicing Lender Name

Farmers & Merchants State Bank

Servicing Lender Address

210 W Madison St

Servicing Lender City

WATERLOO

Servicing Lender State

WI

Servicing Lender Zip

53594-1364

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stoughton

Project County Name

DANE

Project State

WI

Project Zip

53589-5501

CD

WI-02

Jobs Reported

24

NAICS Code

624310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

220551.95

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

501(c)3 – Non Profit

Originating Lender Location Id

76867

Originating Lender

Farmers & Merchants State Bank

Originating Lender City

WATERLOO

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

221365.66

Forgiveness Date

07/07/2021

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