PPP Loan information for Badger magnetics, lnc

$587,200

Badger magnetics, lnc was initially approved for PPP Loan of amount $587,200, the current approved amount is $587,200. The loan was approved on 04/07/2020 by The BMO Harris Bank National Association reported 67 jobs and $587,200 was used to fund payroll.

Badger magnetics, lnc is Existing or more than 2 years old

BADGER MAGNETICS, LNC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BADGER MAGNETICS, LNC

Borrower Address

7939 W. Tower Ave

Borrower City

MILWAUKEE

Borrower State

WI

Borrower Zip

53223-3213

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

24

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

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

587200.00

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

584810.30

Forgiveness Date

03/02/2021

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