PPP Loan information for Badger magnetics inc.

$587,200

Badger magnetics inc. was initially approved for PPP Loan of amount $587,200, the current approved amount is $587,200. The loan was approved on 02/02/2021 by The BMO Harris Bank National Association reported 67 jobs and $587,200 was used to fund payroll.

Badger magnetics inc. is Existing or more than 2 years old

BADGER MAGNETICS INC.

Date Approved

02/02/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

BADGER MAGNETICS INC.

Borrower Address

7939 W Tower Ave

Borrower City

Milwaukee

Borrower State

WI

Borrower Zip

53223-3213

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

587200.00

Current Approval Amount

587200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Milwaukee

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53223-3213

CD

WI-04

Jobs Reported

67

NAICS Code

334416

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

587195.00

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

591945.86

Forgiveness Date

12/06/2021

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