PPP Loan information for Morocco welding llc

$465,880

Morocco welding llc was initially approved for PPP Loan of amount $465,880, the current approved amount is $465,880. The loan was approved on 01/21/2021 by The Somerset Trust Company reported 45 jobs and $465,880 was used to fund payroll.

Morocco welding llc is Existing or more than 2 years old

PPP Loan Search / PA / Somerset / Morocco welding llc

MOROCCO WELDING LLC

Date Approved

01/21/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

MOROCCO WELDING LLC

Borrower Address

133 Morocco St

Borrower City

Somerset

Borrower State

PA

Borrower Zip

15501-8761

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

465880.17

Current Approval Amount

465880.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

PA

Project Zip

15501-8761

CD

PA-14

Jobs Reported

45

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

465878.17

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

Limited Liability Company(LLC)

Originating Lender Location Id

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

471879.17

Forgiveness Date

05/18/2022

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