PPP Loan information for Markland welding inc

$57,600

Markland welding inc was initially approved for PPP Loan of amount $70,000, the current approved amount is $57,600. The loan was approved on 05/07/2020 by The BankProv reported 5 jobs and $57,600 was used to fund payroll.

Markland welding inc is Existing or more than 2 years old

MARKLAND WELDING INC

Date Approved

05/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARKLAND WELDING INC

Borrower Address

168 LAFAYETTE RD

Borrower City

SALISBURY

Borrower State

MA

Borrower Zip

01952-1507

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

57600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30947

Servicing Lender Name

BankProv

Servicing Lender Address

5 Market St

Servicing Lender City

AMESBURY

Servicing Lender State

MA

Servicing Lender Zip

01913-2408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ESSEX

Project State

MA

Project Zip

01952-1507

CD

MA-06

Jobs Reported

5

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57600.00

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

Subchapter S Corporation

Originating Lender Location Id

30947

Originating Lender

BankProv

Originating Lender City

AMESBURY

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

58062.40

Forgiveness Date

03/05/2021

;