PPP Loan information for Wausau chemical corporation

$702,500

Wausau chemical corporation was initially approved for PPP Loan of amount $702,500, the current approved amount is $702,500. The loan was approved on 04/10/2020 by The Peoples State Bank reported 40 jobs and $702,500 was used to fund payroll.

Wausau chemical corporation is Existing or more than 2 years old

PPP Loan Search / WI / WAUSAU / Wausau chemical corporation

WAUSAU CHEMICAL CORPORATION

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WAUSAU CHEMICAL CORPORATION

Borrower Address

2001 RIVER DR

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54403-3354

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702500.00

Current Approval Amount

702500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUSAU

Project County Name

MARATHON

Project State

WI

Project Zip

54403-3354

CD

WI-07

Jobs Reported

40

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33574.00

Payroll Proceed

547378.00

Mortgage Interest Proceed

0.00

Rent Proceed

71440.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50108.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

707846.81

Forgiveness Date

01/20/2021

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