PPP Loan information for Wechem, inc.

$363,000

Wechem, inc. was initially approved for PPP Loan of amount $363,000, the current approved amount is $363,000. The loan was approved on 04/14/2020 by The Fidelity Bank reported 27 jobs and $363,000 was used to fund payroll.

Wechem, inc. is Existing or more than 2 years old

PPP Loan Search / LA / NEW ORLEANS / Wechem, inc.

WECHEM, INC.

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

WECHEM, INC.

Borrower Address

5734 Susitna Drive

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70123

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363000.00

Current Approval Amount

363000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79123

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

2550 Florida Street

Servicing Lender City

Mandeville

Servicing Lender State

LA

Servicing Lender Zip

70448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

JEFFERSON

Project State

LA

Project Zip

70123-0800

CD

LA-01

Jobs Reported

27

NAICS Code

325611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

363000.00

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

Corporation

Originating Lender Location Id

79123

Originating Lender

Fidelity Bank

Originating Lender City

Mandeville

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

366216.58

Forgiveness Date

03/08/2021

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