PPP Loan information for Garrett welding services, inc

$42,631

Garrett welding services, inc was initially approved for PPP Loan of amount $42,631, the current approved amount is $42,631. The loan was approved on 04/11/2020 by The First Metro Bank reported 6 jobs and $42,631 was used to fund payroll.

Garrett welding services, inc is Existing or more than 2 years old

GARRETT WELDING SERVICES, INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GARRETT WELDING SERVICES, INC

Borrower Address

910 WALNUT GATE RD

Borrower City

RUSSELLVILLE

Borrower State

AL

Borrower Zip

35654-7790

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42630.88

Current Approval Amount

42630.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSSELLVILLE

Project County Name

FRANKLIN

Project State

AL

Project Zip

35654-7790

CD

AL-04

Jobs Reported

6

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4263.09

Payroll Proceed

38367.79

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42971.93

Forgiveness Date

02/01/2021

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