PPP Loan information for Hy-weld inc

$31,250

Hy-weld inc was initially approved for PPP Loan of amount $31,250, the current approved amount is $31,250. The loan was approved on 05/12/2020 by The American Express National Bank reported 3 jobs and $31,250 was used to fund payroll.

Hy-weld inc is Existing or more than 2 years old

HY-WELD INC

Date Approved

05/12/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

HY-WELD INC

Borrower Address

1875 Enterprise Drive Northwest

Borrower City

Norcross

Borrower State

GA

Borrower Zip

30093

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31250.00

Current Approval Amount

31250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norcross

Project County Name

GWINNETT

Project State

GA

Project Zip

30093-0001

CD

GA-07

Jobs Reported

3

NAICS Code

423710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23437.50

Mortgage Interest Proceed

0.00

Rent Proceed

7812.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31482.02

Forgiveness Date

02/09/2021

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