PPP Loan information for Industrial welding & machine incorporated

$26,700

Industrial welding & machine incorporated was initially approved for PPP Loan of amount $26,700, the current approved amount is $26,700. The loan was approved on 04/10/2020 by The The Bank of Marion reported 3 jobs and $26,700 was used to fund payroll.

Industrial welding & machine incorporated is Existing or more than 2 years old

INDUSTRIAL WELDING & MACHINE INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INDUSTRIAL WELDING & MACHINE INCORPORATED

Borrower Address

5723 Atkins Tank Rd.

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26700.00

Current Approval Amount

26700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-0001

CD

VA-09

Jobs Reported

3

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

25200.00

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

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26893.85

Forgiveness Date

01/07/2021

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