PPP Loan information for Washers inc

$1,350,733

Washers inc was initially approved for PPP Loan of amount $1,350,733, the current approved amount is $1,350,733. The loan was approved on 01/23/2021 by The First Merchants Bank reported 103 jobs and $1,350,733 was used to fund payroll.

Washers inc is Existing or more than 2 years old

WASHERS INC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WASHERS INC

Borrower Address

33375 Glendale St

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1615

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1350732.50

Current Approval Amount

1350732.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1615

CD

MI-12

Jobs Reported

103

NAICS Code

332722

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1350730.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1355950.40

Forgiveness Date

06/15/2021

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