PPP Loan information for Wellman produce co

$240,357

Wellman produce co was initially approved for PPP Loan of amount $240,357, the current approved amount is $240,357. The loan was approved on 04/07/2020 by The CBI Bank & Trust reported 23 jobs and $240,357 was used to fund payroll.

Wellman produce co is Existing or more than 2 years old

PPP Loan Search / IA / WELLMAN / Wellman produce co

WELLMAN PRODUCE CO

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WELLMAN PRODUCE CO

Borrower Address

1000 6th St

Borrower City

WELLMAN

Borrower State

IA

Borrower Zip

52356-0175

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240357.07

Current Approval Amount

240357.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25284

Servicing Lender Name

CBI Bank & Trust

Servicing Lender Address

301 Iowa Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-3844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLMAN

Project County Name

WASHINGTON

Project State

IA

Project Zip

52356-0175

CD

IA-01

Jobs Reported

23

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240357.07

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

Subchapter S Corporation

Originating Lender Location Id

25284

Originating Lender

CBI Bank & Trust

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242233.19

Forgiveness Date

01/20/2021

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