PPP Loan information for Lautrec corporation

$755,965

Lautrec corporation was initially approved for PPP Loan of amount $755,965, the current approved amount is $755,965. The loan was approved on 04/09/2020 by The WaterStone Bank, SSB reported 86 jobs and $755,965 was used to fund payroll.

Lautrec corporation is Existing or more than 2 years old

LAUTREC CORPORATION

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LAUTREC CORPORATION

Borrower Address

5050 W Ashland Way

Borrower City

FRANKLIN

Borrower State

WI

Borrower Zip

53132-8177

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

755965.00

Current Approval Amount

755965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79567

Servicing Lender Name

WaterStone Bank, SSB

Servicing Lender Address

11200 W Plank Ct

Servicing Lender City

WAUWATOSA

Servicing Lender State

WI

Servicing Lender Zip

53226-3250

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53132-8177

CD

WI-01

Jobs Reported

86

NAICS Code

423940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

755965.00

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

79567

Originating Lender

WaterStone Bank, SSB

Originating Lender City

WAUWATOSA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

762264.71

Forgiveness Date

02/12/2021

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