Wefa Cedar, Inc.

$158,905 PPP Loan in Cedar Springs, Michigan

Loan Details

Loan Number
3246207707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$158,905
Current Approval
$158,905
Forgiveness Amount
$159,995
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wefa Cedar, Inc.
Address
104 W Beech St
ZIP Code
49319
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$28.8M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$122,000
Rent
$5,725
Utilities
$12,380
Health Care
$9,600
Mortgage Interest
$4,000
Debt Interest
$5,200

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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