PPP Loan information for American boiler & welding company

$137,500

American boiler & welding company was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 02/20/2021 by The Legacy Bank reported 15 jobs and $137,500 was used to fund payroll.

American boiler & welding company is Existing or more than 2 years old

PPP Loan Search / NJ / Union / American boiler & welding company

AMERICAN BOILER & WELDING COMPANY

Date Approved

02/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AMERICAN BOILER & WELDING COMPANY

Borrower Address

652 Rahway Ave

Borrower City

Union

Borrower State

NJ

Borrower Zip

07083-6632

Loan Status Date

06/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Union

Project County Name

UNION

Project State

NJ

Project Zip

07083-6632

CD

NJ-10

Jobs Reported

15

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

137496.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139176.74

Forgiveness Date

06/07/2022

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