PPP Loan information for Wascon, inc

$420,502

Wascon, inc was initially approved for PPP Loan of amount $420,502, the current approved amount is $420,502. The loan was approved on 04/13/2020 by The Union Bank & Trust Company reported 32 jobs and $420,502 was used to fund payroll.

Wascon, inc is Existing or more than 2 years old

WASCON, INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WASCON, INC

Borrower Address

910 EAST MAIN STREET

Borrower City

LIVINGSTON

Borrower State

TN

Borrower Zip

38570-1627

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420502.00

Current Approval Amount

420502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67162

Servicing Lender Name

Union Bank & Trust Company

Servicing Lender Address

201 E Main St

Servicing Lender City

LIVINGSTON

Servicing Lender State

TN

Servicing Lender Zip

38570-1903

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVINGSTON

Project County Name

OVERTON

Project State

TN

Project Zip

38570-1627

CD

TN-06

Jobs Reported

32

NAICS Code

333914

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14000.00

Payroll Proceed

385502.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67162

Originating Lender

Union Bank & Trust Company

Originating Lender City

LIVINGSTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

423246.94

Forgiveness Date

12/15/2020

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