PPP Loan information for Karl welch

$5,700

Karl welch was initially approved for PPP Loan of amount $5,700, the current approved amount is $5,700. The loan was approved on 05/18/2021 by The Readycap Lending, LLC reported 1 jobs and $5,700 was used to fund payroll.

Karl welch is Existing or more than 2 years old

KARL WELCH

Date Approved

05/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KARL WELCH

Borrower Address

1033 Harrison Blvd

Borrower City

Lincoln Park

Borrower State

MI

Borrower Zip

48146-4219

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5700.00

Current Approval Amount

5700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lincoln Park

Project County Name

WAYNE

Project State

MI

Project Zip

48146-4219

CD

MI-13

Jobs Reported

1

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

5695.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5723.89

Forgiveness Date

11/10/2021

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