PPP Loan information for Whelan machine & tool llc

$668,000

Whelan machine & tool llc was initially approved for PPP Loan of amount $668,000, the current approved amount is $668,000. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 56 jobs and $668,000 was used to fund payroll.

Whelan machine & tool llc is Existing or more than 2 years old

PPP Loan Search / KY / LOUISVILLE / Whelan machine & tool llc

WHELAN MACHINE & TOOL LLC

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WHELAN MACHINE & TOOL LLC

Borrower Address

134 Rochester Drive

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40214-2681

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

668000.00

Current Approval Amount

668000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40214-2681

CD

KY-03

Jobs Reported

56

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

157500.00

Payroll Proceed

472500.00

Mortgage Interest Proceed

0.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

671766.78

Forgiveness Date

11/03/2020

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