Wec, Inc.

$2,200,000 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
5632167008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,200,000
Current Approval
$2,235,900
Forgiveness Amount
$2,257,340
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wec, Inc.
Address
1204 Chestnut Ave
ZIP Code
55403-1230
Business Type
Corporation
Industry (NAICS)
Manufacturing (332813)
Business Age
Existing or more than 2 years old
Jobs Reported
114
Estimated Revenue
$27.9M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$2,235,900

Lender Information

Servicing Lender
Choice Financial Group
Originating Lender
Choice Financial Group

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