PPP Loan information for Edgewood welding & fabrication, inc

$249,000

Edgewood welding & fabrication, inc was initially approved for PPP Loan of amount $249,000, the current approved amount is $249,000. The loan was approved on 04/06/2020 by The Somerset Trust Company reported 20 jobs and $249,000 was used to fund payroll.

Edgewood welding & fabrication, inc is Existing or more than 2 years old

EDGEWOOD WELDING & FABRICATION, INC

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

EDGEWOOD WELDING & FABRICATION, INC

Borrower Address

842 South Edgewood Avenue

Borrower City

SOMERSET

Borrower State

PA

Borrower Zip

15501-2614

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249000.00

Current Approval Amount

249000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

PA

Project Zip

15501-2614

CD

PA-14

Jobs Reported

20

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249000.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

250618.50

Forgiveness Date

12/08/2020

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