PPP Loan information for Wuch mac distributing inc

$328,046

Wuch mac distributing inc was initially approved for PPP Loan of amount $328,046, the current approved amount is $328,046. The loan was approved on 04/08/2020 by The Security Bank & Trust Company reported 61 jobs and $328,046 was used to fund payroll.

Wuch mac distributing inc is Existing or more than 2 years old

WUCH MAC DISTRIBUTING INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WUCH MAC DISTRIBUTING INC

Borrower Address

20046 HOYA CT

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-6829

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328045.62

Current Approval Amount

328045.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38117

Servicing Lender Name

Security Bank & Trust Company

Servicing Lender Address

735 11th St E

Servicing Lender City

GLENCOE

Servicing Lender State

MN

Servicing Lender Zip

55336-2220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-6829

CD

MN-02

Jobs Reported

61

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6210.24

Payroll Proceed

262835.38

Mortgage Interest Proceed

0.00

Rent Proceed

59000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38117

Originating Lender

Security Bank & Trust Company

Originating Lender City

GLENCOE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

330569.75

Forgiveness Date

01/20/2021

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