PPP Loan information for Weland clinical laboratories

$917,609

Weland clinical laboratories was initially approved for PPP Loan of amount $917,609, the current approved amount is $917,609. The loan was approved on 04/11/2021 by The Bankers Trust Company reported 90 jobs and $917,609 was used to fund payroll.

Weland clinical laboratories is Existing or more than 2 years old

WELAND CLINICAL LABORATORIES

Date Approved

04/11/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

WELAND CLINICAL LABORATORIES

Borrower Address

1911 1st Ave SE

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52402-5320

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

917609.35

Current Approval Amount

917609.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24841

Servicing Lender Name

Bankers Trust Company

Servicing Lender Address

453 7th St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-4110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52402-5320

CD

IA-02

Jobs Reported

90

NAICS Code

621511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

917605.35

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

24841

Originating Lender

Bankers Trust Company

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

923969.77

Forgiveness Date

12/23/2021

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