PPP Loan information for American friction welding inc

$384,300

American friction welding inc was initially approved for PPP Loan of amount $384,300, the current approved amount is $384,300. The loan was approved on 04/07/2020 by The Town Bank, National Association reported 26 jobs and $384,300 was used to fund payroll.

American friction welding inc is Existing or more than 2 years old

PPP Loan Search / WI / WAUKESHA / American friction welding inc

AMERICAN FRICTION WELDING INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

AMERICAN FRICTION WELDING INC

Borrower Address

505 Northview Rd

Borrower City

WAUKESHA

Borrower State

WI

Borrower Zip

53188-5984

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384300.00

Current Approval Amount

384300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122838

Servicing Lender Name

Town Bank, National Association

Servicing Lender Address

850 W North Shore Dr

Servicing Lender City

HARTLAND

Servicing Lender State

WI

Servicing Lender Zip

53029-8355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKESHA

Project County Name

WAUKESHA

Project State

WI

Project Zip

53188-5984

CD

WI-05

Jobs Reported

26

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288225.00

Mortgage Interest Proceed

0.00

Rent Proceed

96075.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122838

Originating Lender

Town Bank, National Association

Originating Lender City

HARTLAND

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387940.18

Forgiveness Date

03/24/2021

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