PPP Loan information for Welu inc

$154,400

Welu inc was initially approved for PPP Loan of amount $154,400, the current approved amount is $154,400. The loan was approved on 04/05/2020 by The MidWestOne Bank reported 13 jobs and $154,400 was used to fund payroll.

Welu inc is Existing or more than 2 years old

PPP Loan Search / IA / DUBUQUE / Welu inc

WELU INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WELU INC

Borrower Address

1685 Central Avenue

Borrower City

DUBUQUE

Borrower State

IA

Borrower Zip

52001-3626

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154400.00

Current Approval Amount

154400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DUBUQUE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52001-3626

CD

IA-02

Jobs Reported

13

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9650.00

Payroll Proceed

115800.00

Mortgage Interest Proceed

9650.00

Rent Proceed

9650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9650.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155613.76

Forgiveness Date

01/20/2021

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