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Weitron INC

$737,260 PPP Loan in Newark, Delaware

Loan Details

Loan Number
7782117107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$737,260
Current Approval
$737,260
Forgiveness Amount
$747,198
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Weitron INC
Address
801 Pencader Drive
City
Newark
State
Delaware
ZIP Code
19702
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423740)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$19.6M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$540,260
Rent
$55,000
Utilities
$62,000
Health Care
$36,000
Debt Interest
$44,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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