PPP Loan information for Wc motor inc co

$650,000

Wc motor inc co was initially approved for PPP Loan of amount $650,000, the current approved amount is $650,000. The loan was approved on 04/09/2020 by The CNB St. Louis Bank reported 53 jobs and $650,000 was used to fund payroll.

Wc motor inc co is Existing or more than 2 years old

WC MOTOR INC CO

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

WC MOTOR INC CO

Borrower Address

14410 Manchester Road

Borrower City

St. Louis

Borrower State

MO

Borrower Zip

63011-4045

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650000.00

Current Approval Amount

650000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41298

Servicing Lender Name

CNB St. Louis Bank

Servicing Lender Address

7305 Manchester Rd

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MO

Servicing Lender Zip

63143-3120

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Louis

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63011-4045

CD

MO-02

Jobs Reported

53

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12500.00

Payroll Proceed

530000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

87500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41298

Originating Lender

CNB St. Louis Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

657926.39

Forgiveness Date

06/29/2021

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