PPP Loan information for Gale welding & machine co inc

$167,860

Gale welding & machine co inc was initially approved for PPP Loan of amount $167,860, the current approved amount is $167,860. The loan was approved on 03/08/2021 by The Bank of America, National Association reported 8 jobs and $167,860 was used to fund payroll.

Gale welding & machine co inc is Existing or more than 2 years old

PPP Loan Search / VA / Petersburg / Gale welding & machine co inc

GALE WELDING & MACHINE CO INC

Date Approved

03/08/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

GALE WELDING & MACHINE CO INC

Borrower Address

415 E Bank St

Borrower City

Petersburg

Borrower State

VA

Borrower Zip

23803-3301

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167860.00

Current Approval Amount

167860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Petersburg

Project County Name

PETERSBURG CITY

Project State

VA

Project Zip

23803-3301

CD

VA-04

Jobs Reported

8

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

167856.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168761.39

Forgiveness Date

09/22/2021

;