PPP Loan information for Metro welding

$59,324

Metro welding was initially approved for PPP Loan of amount $59,324, the current approved amount is $59,324. The loan was approved on 07/13/2020 by The Valley State Bank reported 6 jobs and $59,324 was used to fund payroll.

Metro welding is Existing or more than 2 years old

METRO WELDING

Date Approved

07/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

METRO WELDING

Borrower Address

208 INDUSTRIAL DR

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-3544

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59324.00

Current Approval Amount

59324.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3235

Servicing Lender Name

Valley State Bank

Servicing Lender Address

15565 Hwy 43 By-Pass

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-8065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-3544

CD

AL-04

Jobs Reported

6

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59324.00

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

3235

Originating Lender

Valley State Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59653.58

Forgiveness Date

02/01/2021

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