Servo Motors and Drives Inc.

$121,728 PPP Loan in New Berlin, Wisconsin

Loan Details

Loan Number
4652148502
Date Approved
Feb 26, 2021
Loan Status
Paid in Full
Initial Approval
$121,728
Current Approval
$121,728
Forgiveness Amount
$122,107
Forgiveness Date
Jun 30, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Servo Motors and Drives Inc.
Address
16550 W Ryerson Rd
ZIP Code
53151-3634
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811219)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WI-05

Loan Use Breakdown

Payroll
$121,725
Utilities
$1

Lender Information

Servicing Lender
Waterstone Bank, Ssb
Originating Lender
Waterstone Bank, Ssb

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