PPP Loan information for Labco welding inc

$152,205

Labco welding inc was initially approved for PPP Loan of amount $152,205, the current approved amount is $152,205. The loan was approved on 04/28/2020 by The Liberty Bank reported 13 jobs and $152,205 was used to fund payroll.

Labco welding inc is Existing or more than 2 years old

LABCO WELDING INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

LABCO WELDING INC

Borrower Address

129 Industrail Park Road

Borrower City

Middletown

Borrower State

CT

Borrower Zip

06457

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152205.00

Current Approval Amount

152205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-0001

CD

CT-01

Jobs Reported

13

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

152205.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153650.95

Forgiveness Date

04/21/2021

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