PPP Loan information for Nuweld, inc.

$1,322,817

Nuweld, inc. was initially approved for PPP Loan of amount $1,322,817, the current approved amount is $1,322,817. The loan was approved on 04/15/2020 by The Mid Penn Bank reported 50 jobs and $1,322,817 was used to fund payroll.

Nuweld, inc. is Existing or more than 2 years old

PPP Loan Search / PA / WILLIAMSPORT / Nuweld, inc.

NUWELD, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NUWELD, INC.

Borrower Address

2600 Reach Road

Borrower City

WILLIAMSPORT

Borrower State

PA

Borrower Zip

17701

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1322817.00

Current Approval Amount

1322817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSPORT

Project County Name

LYCOMING

Project State

PA

Project Zip

17701-0001

CD

PA-09

Jobs Reported

50

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1322817.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1337132.42

Forgiveness Date

05/21/2021

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