PPP Loan information for Wesco industries

$1,047,200

Wesco industries was initially approved for PPP Loan of amount $1,047,200, the current approved amount is $1,047,200. The loan was approved on 04/15/2020 by The Crawford County Trust & Savings Bank reported 113 jobs and $1,047,200 was used to fund payroll.

Wesco industries is Existing or more than 2 years old

WESCO INDUSTRIES

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WESCO INDUSTRIES

Borrower Address

415 S 11TH ST

Borrower City

DENISON

Borrower State

IA

Borrower Zip

51442-2451

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1047200.00

Current Approval Amount

1047200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24838

Servicing Lender Name

Crawford County Trust & Savings Bank

Servicing Lender Address

21 N Main St

Servicing Lender City

DENISON

Servicing Lender State

IA

Servicing Lender Zip

51442-1927

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENISON

Project County Name

CRAWFORD

Project State

IA

Project Zip

51442-2451

CD

IA-04

Jobs Reported

113

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

925700.00

Mortgage Interest Proceed

0.00

Rent Proceed

11500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

24838

Originating Lender

Crawford County Trust & Savings Bank

Originating Lender City

DENISON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1053541.38

Forgiveness Date

11/25/2020

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