PPP Loan information for Elite welding, inc

$77,500

Elite welding, inc was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 04/14/2020 by The Wilson Bank & Trust reported 8 jobs and $77,500 was used to fund payroll.

Elite welding, inc is Existing or more than 2 years old

ELITE WELDING, INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELITE WELDING, INC

Borrower Address

500 East MAIN ST

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37087-2832

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111740

Servicing Lender Name

Wilson Bank & Trust

Servicing Lender Address

623 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37087-2832

CD

TN-05

Jobs Reported

8

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77500.00

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

Corporation

Originating Lender Location Id

111740

Originating Lender

Wilson Bank & Trust

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77918.29

Forgiveness Date

11/05/2020

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