Wem Automation LLC

$849,200 PPP Loan in New Berlin, Wisconsin

Loan Details

Loan Number
5370497001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$849,200
Current Approval
$849,200
Forgiveness Amount
$854,814
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wem Automation LLC
Address
2501 S. Moorland Rd
ZIP Code
53151-2947
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (334513)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.5M
Rural/Urban
Urban
Congressional District
WI-05

Loan Use Breakdown

Payroll
$849,200

Lender Information

Servicing Lender
Enterprise Bank & Trust
Originating Lender
Enterprise Bank & Trust

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