PPP Loan information for Mid-state welding inc.

$174,000

Mid-state welding inc. was initially approved for PPP Loan of amount $174,000, the current approved amount is $174,000. The loan was approved on 01/20/2021 by The Hometown Bank reported 14 jobs and $174,000 was used to fund payroll.

Mid-state welding inc. is Existing or more than 2 years old

MID-STATE WELDING INC.

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MID-STATE WELDING INC.

Borrower Address

150 Commercial Dr

Borrower City

Southbridge

Borrower State

MA

Borrower Zip

01550-3443

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174000.00

Current Approval Amount

174000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southbridge

Project County Name

WORCESTER

Project State

MA

Project Zip

01550-3443

CD

MA-01

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173999.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

175773.37

Forgiveness Date

02/03/2022

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