PPP Loan information for Wolgast corporation

$2,365,300

Wolgast corporation was initially approved for PPP Loan of amount $2,365,300, the current approved amount is $2,365,300. The loan was approved on 04/03/2020 by The 1st State Bank reported 135 jobs and $2,365,300 was used to fund payroll.

Wolgast corporation is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Wolgast corporation

WOLGAST CORPORATION

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WOLGAST CORPORATION

Borrower Address

4835 TOWNE CENTRE RD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48604-2810

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2365300.00

Current Approval Amount

2365300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48604-2810

CD

MI-08

Jobs Reported

135

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

1891300.00

Mortgage Interest Proceed

0.00

Rent Proceed

54000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

400000.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2384222.40

Forgiveness Date

01/27/2021

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