PPP Loan information for Microweld technologies inc

$115,100

Microweld technologies inc was initially approved for PPP Loan of amount $115,100, the current approved amount is $115,100. The loan was approved on 04/08/2020 by The Springfield State Bank reported 10 jobs and $115,100 was used to fund payroll.

Microweld technologies inc is Existing or more than 2 years old

MICROWELD TECHNOLOGIES INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MICROWELD TECHNOLOGIES INC

Borrower Address

874 BLOOMFIELD RD

Borrower City

SPRINGFIELD

Borrower State

KY

Borrower Zip

40069-8416

Loan Status Date

05/27/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115100.00

Current Approval Amount

115100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27936

Servicing Lender Name

Springfield State Bank

Servicing Lender Address

125 E Main St

Servicing Lender City

SPRINGFIELD

Servicing Lender State

KY

Servicing Lender Zip

40069-1224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

WASHINGTON

Project State

KY

Project Zip

40069-8416

CD

KY-01

Jobs Reported

10

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

92080.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

11020

Business Type

Subchapter S Corporation

Originating Lender Location Id

27936

Originating Lender

Springfield State Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105803.59

Forgiveness Date

12/15/2020

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