PPP Loan information for Kent welding inc

$318,000

Kent welding inc was initially approved for PPP Loan of amount $318,000, the current approved amount is $318,000. The loan was approved on 04/07/2020 by The Peoples Bank reported 37 jobs and $318,000 was used to fund payroll.

Kent welding inc is Existing or more than 2 years old

KENT WELDING INC

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

KENT WELDING INC

Borrower Address

1387 CHESTERVILLE RD

Borrower City

MINERAL WELLS

Borrower State

WV

Borrower Zip

26150-6067

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318000.00

Current Approval Amount

318000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINERAL WELLS

Project County Name

WOOD

Project State

WV

Project Zip

26150-6067

CD

WV-02

Jobs Reported

37

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

238500.00

Mortgage Interest Proceed

0.00

Rent Proceed

79500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

322151.67

Forgiveness Date

08/11/2021

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