PPP Loan information for Custom welding & fabricating inc.

$281,089

Custom welding & fabricating inc. was initially approved for PPP Loan of amount $281,089, the current approved amount is $281,089. The loan was approved on 04/29/2021 by The Summit Community Bank, Inc. reported 18 jobs and $281,089 was used to fund payroll.

Custom welding & fabricating inc. is Existing or more than 2 years old

PPP Loan Search / MD / Cambridge / Custom welding & fabricating inc.

CUSTOM WELDING & FABRICATING INC.

Date Approved

04/29/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CUSTOM WELDING & FABRICATING INC.

Borrower Address

3104 Ocean Gtwy

Borrower City

Cambridge

Borrower State

MD

Borrower Zip

21613-3407

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281089.08

Current Approval Amount

281089.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

DORCHESTER

Project State

MD

Project Zip

21613-3407

CD

MD-01

Jobs Reported

18

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

281084.08

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282502.33

Forgiveness Date

10/29/2021

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