PPP Loan information for Walerko tool and engineering corporation

$343,000

Walerko tool and engineering corporation was initially approved for PPP Loan of amount $343,000, the current approved amount is $343,000. The loan was approved on 04/08/2020 by The Lake City Bank reported 24 jobs and $343,000 was used to fund payroll.

Walerko tool and engineering corporation is Existing or more than 2 years old

WALERKO TOOL AND ENGINEERING CORPORATION

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WALERKO TOOL AND ENGINEERING CORPORATION

Borrower Address

1935 W LUSHER AVE

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46517-1348

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343000.00

Current Approval Amount

343000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46517-1348

CD

IN-02

Jobs Reported

24

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11800.00

Payroll Proceed

317700.00

Mortgage Interest Proceed

0.00

Rent Proceed

13500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345181.86

Forgiveness Date

12/03/2020

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