PPP Loan information for Welch's restaurant inc

$94,300

Welch's restaurant inc was initially approved for PPP Loan of amount $94,300, the current approved amount is $94,300. The loan was approved on 04/07/2020 by The State Bank of the Lakes, National Association reported 34 jobs and $94,300 was used to fund payroll.

Welch's restaurant inc is Existing or more than 2 years old

PPP Loan Search / WI / FRANKSVILLE / Welch's restaurant inc

WELCH'S RESTAURANT INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WELCH'S RESTAURANT INC

Borrower Address

13520 NORTHWESTERN AVE

Borrower City

FRANKSVILLE

Borrower State

WI

Borrower Zip

53126-9524

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94300.00

Current Approval Amount

94300.00

Undisbursed Amount

0.00

Franchise Name

A&W

Servicing Lender Location Id

20227

Servicing Lender Name

State Bank of the Lakes, National Association

Servicing Lender Address

440 Lake St

Servicing Lender City

ANTIOCH

Servicing Lender State

IL

Servicing Lender Zip

60002-1406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKSVILLE

Project County Name

RACINE

Project State

WI

Project Zip

53126-9524

CD

WI-01

Jobs Reported

34

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11787.50

Payroll Proceed

70725.00

Mortgage Interest Proceed

0.00

Rent Proceed

11787.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20227

Originating Lender

State Bank of the Lakes, National Association

Originating Lender City

ANTIOCH

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

94994.15

Forgiveness Date

01/07/2021

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