Wescom, INC

$2,000,000 PPP Loan in Duluth, Minnesota

Loan Details

Loan Number
7866708307
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,011,342
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Wescom, INC
Address
5137 Jean Duluth Rd
City
Duluth
ZIP Code
55803-9752
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
$42.8M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,999,996
Utilities
$1

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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