Date Approved
04/30/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
CHOWEL WELDPARTS INC
Borrower Address
5826 Montgomery Hwy
Borrower City
Luverne
Borrower State
AL
Borrower Zip
36049-5002
Loan Status Date
08/13/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
460982.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
529471
Servicing Lender Name
Itria Ventures LLC
Servicing Lender Address
One Penn Plaza, Suite 4530
Servicing Lender City
New York
Servicing Lender State
NY
Servicing Lender Zip
10119
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CRENSHAW
Project State
Project Zip
CD
AL-02
Jobs Reported
103
NAICS Code
336390
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
460980.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
466654.64
Forgiveness Date
07/28/2022