PPP Loan information for Welter storage equipment company inc

$448,047

Welter storage equipment company inc was initially approved for PPP Loan of amount $448,047, the current approved amount is $448,047. The loan was approved on 03/26/2021 by The Ohnward Bank & Trust reported 43 jobs and $448,047 was used to fund payroll.

Welter storage equipment company inc is Existing or more than 2 years old

PPP Loan Search / IA / Monticello / Welter storage equipment company inc

WELTER STORAGE EQUIPMENT COMPANY INC

Date Approved

03/26/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

WELTER STORAGE EQUIPMENT COMPANY INC

Borrower Address

1052 S Main St

Borrower City

Monticello

Borrower State

IA

Borrower Zip

52310-7708

Loan Status Date

08/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

448047.00

Current Approval Amount

448047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24584

Servicing Lender Name

Ohnward Bank & Trust

Servicing Lender Address

332 1st Ave W

Servicing Lender City

CASCADE

Servicing Lender State

IA

Servicing Lender Zip

52033-7721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

JONES

Project State

IA

Project Zip

52310-7708

CD

IA-01

Jobs Reported

43

NAICS Code

484210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

448044.00

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

24584

Originating Lender

Ohnward Bank & Trust

Originating Lender City

CASCADE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

449372.73

Forgiveness Date

07/16/2021

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