PPP Loan information for Way less inc

$113,500

Way less inc was initially approved for PPP Loan of amount $113,500, the current approved amount is $113,500. The loan was approved on 04/06/2020 by The Farmers State Bank reported 11 jobs and $113,500 was used to fund payroll.

Way less inc is Existing or more than 2 years old

WAY LESS INC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WAY LESS INC

Borrower Address

4840 ASBURY RD

Borrower City

DUBUQUE

Borrower State

IA

Borrower Zip

52002-0416

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113500.00

Current Approval Amount

113500.00

Undisbursed Amount

0.00

Franchise Name

Jenny Craig

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUBUQUE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52002-0416

CD

IA-02

Jobs Reported

11

NAICS Code

812191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11350.00

Payroll Proceed

90800.00

Mortgage Interest Proceed

0.00

Rent Proceed

11350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114644.46

Forgiveness Date

04/14/2021

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