PPP Loan information for Waltonen engineering inc.

$1,658,000

Waltonen engineering inc. was initially approved for PPP Loan of amount $1,658,000, the current approved amount is $1,658,000. The loan was approved on 01/25/2021 by The Comerica Bank reported 91 jobs and $1,658,000 was used to fund payroll.

Waltonen engineering inc. is Existing or more than 2 years old

PPP Loan Search / MI / Warren / Waltonen engineering inc.

WALTONEN ENGINEERING INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WALTONEN ENGINEERING INC.

Borrower Address

31330 Mound Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48092-1654

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1658000.00

Current Approval Amount

1658000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48092-1654

CD

MI-10

Jobs Reported

91

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1657997.00

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

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1667441.39

Forgiveness Date

08/20/2021

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