PPP Loan information for Webster industries, inc

$4,234,100

Webster industries, inc was initially approved for PPP Loan of amount $4,234,100, the current approved amount is $4,234,100. The loan was approved on 04/04/2020 by The Commerce Bank reported 257 jobs and $4,234,100 was used to fund payroll.

Webster industries, inc is Existing or more than 2 years old

PPP Loan Search / OH / TIFFIN / Webster industries, inc

WEBSTER INDUSTRIES, INC

Date Approved

04/04/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

WEBSTER INDUSTRIES, INC

Borrower Address

325 HALL ST

Borrower City

TIFFIN

Borrower State

OH

Borrower Zip

44883-1419

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

4234100.00

Current Approval Amount

4234100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TIFFIN

Project County Name

SENECA

Project State

OH

Project Zip

44883-1419

CD

OH-05

Jobs Reported

257

NAICS Code

333922

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

240000.00

Payroll Proceed

3919100.00

Mortgage Interest Proceed

0.00

Rent Proceed

39000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

36000

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3909065.94

Forgiveness Date

05/27/2021

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