PPP Loan information for Capital welding inc

$394,122

Capital welding inc was initially approved for PPP Loan of amount $394,122, the current approved amount is $394,122. The loan was approved on 04/28/2020 by The Community Bank of the Chesapeake reported 31 jobs and $394,122 was used to fund payroll.

Capital welding inc is Unanswered

CAPITAL WELDING INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CAPITAL WELDING INC

Borrower Address

1 CARNEGIE CT

Borrower City

WALDORF

Borrower State

MD

Borrower Zip

20602-2723

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394121.82

Current Approval Amount

394121.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

WALDORF

Project County Name

CHARLES

Project State

MD

Project Zip

20602-2723

CD

MD-05

Jobs Reported

31

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

394121.82

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

Corporation

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

399401.97

Forgiveness Date

09/10/2021

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