PPP Loan information for Osborne welding, inc

$385,400

Osborne welding, inc was initially approved for PPP Loan of amount $385,400, the current approved amount is $385,400. The loan was approved on 04/09/2020 by The Blue Ridge Bank, National Association reported 38 jobs and $385,400 was used to fund payroll.

Osborne welding, inc is Existing or more than 2 years old

PPP Loan Search / VA / PORTSMOUTH / Osborne welding, inc

OSBORNE WELDING, INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OSBORNE WELDING, INC

Borrower Address

9 Beechwood Court

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23702-2313

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385400.00

Current Approval Amount

385400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23702-2313

CD

VA-03

Jobs Reported

38

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6986.66

Payroll Proceed

313794.06

Mortgage Interest Proceed

0.00

Rent Proceed

21666.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35553.28

Debt Interest Proceed

7400

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388772.25

Forgiveness Date

02/25/2021

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