PPP Loan information for Northwest welding & mechanical inc

$55,400

Northwest welding & mechanical inc was initially approved for PPP Loan of amount $55,400, the current approved amount is $55,400. The loan was approved on 02/13/2021 by The Cache Valley Bank reported 15 jobs and $55,400 was used to fund payroll.

Northwest welding & mechanical inc is Existing or more than 2 years old

NORTHWEST WELDING & MECHANICAL INC

Date Approved

02/13/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

NORTHWEST WELDING & MECHANICAL INC

Borrower Address

4000 S 5175 W

Borrower City

HOOPER

Borrower State

UT

Borrower Zip

84315

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55400.00

Current Approval Amount

55400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOOPER

Project County Name

WEBER

Project State

UT

Project Zip

84315

CD

UT-01

Jobs Reported

15

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55398.00

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

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55810.88

Forgiveness Date

11/17/2021

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