PPP Loan information for Arc welding equipment repair inc

$44,847

Arc welding equipment repair inc was initially approved for PPP Loan of amount $44,847, the current approved amount is $44,847. The loan was approved on 03/25/2021 by The First Horizon Bank reported 5 jobs and $44,847 was used to fund payroll.

Arc welding equipment repair inc is Existing or more than 2 years old

ARC WELDING EQUIPMENT REPAIR INC

Date Approved

03/25/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ARC WELDING EQUIPMENT REPAIR INC

Borrower Address

8968 W Picturesque Dr

Borrower City

Greenwood

Borrower State

LA

Borrower Zip

71033-3397

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44847.00

Current Approval Amount

44847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

CADDO

Project State

LA

Project Zip

71033-3397

CD

LA-04

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44845.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45051.30

Forgiveness Date

09/22/2021

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