PPP Loan information for Welter forest products, inc.

$1,401,657

Welter forest products, inc. was initially approved for PPP Loan of amount $1,401,657, the current approved amount is $1,401,657. The loan was approved on 04/06/2020 by The Peoples State Bank reported 122 jobs and $1,401,657 was used to fund payroll.

Welter forest products, inc. is Existing or more than 2 years old

WELTER FOREST PRODUCTS, INC.

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

WELTER FOREST PRODUCTS, INC.

Borrower Address

500 County Road S PO Box 320

Borrower City

NEW LONDON

Borrower State

WI

Borrower Zip

54961-7310

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1401657.00

Current Approval Amount

1401657.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76688

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

301 E Blackhawk Ave

Servicing Lender City

PRAIRIE DU CHIEN

Servicing Lender State

WI

Servicing Lender Zip

53821-1532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

WAUPACA

Project State

WI

Project Zip

54961-0001

CD

WI-08

Jobs Reported

122

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1401657.00

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

Subchapter S Corporation

Originating Lender Location Id

76688

Originating Lender

Peoples State Bank

Originating Lender City

PRAIRIE DU CHIEN

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1415245.29

Forgiveness Date

04/01/2021

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