PPP Loan information for Palmer's welding supply and steel dept

$61,700

Palmer's welding supply and steel dept was initially approved for PPP Loan of amount $61,700, the current approved amount is $61,700. The loan was approved on 03/02/2021 by The Morris Bank reported 8 jobs and $61,700 was used to fund payroll.

Palmer's welding supply and steel dept is Existing or more than 2 years old

PPP Loan Search / GA / Loganville / Palmer's welding supply and steel dept

PALMER'S WELDING SUPPLY AND STEEL DEPT

Date Approved

03/02/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PALMER'S WELDING SUPPLY AND STEEL DEPT

Borrower Address

420 Athens Hwy Ste D

Borrower City

Loganville

Borrower State

GA

Borrower Zip

30052-2230

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61700.00

Current Approval Amount

61700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Loganville

Project County Name

GWINNETT

Project State

GA

Project Zip

30052-2230

CD

GA-07

Jobs Reported

8

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61700.00

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

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61994.79

Forgiveness Date

09/01/2021

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