PPP Loan information for Palmer's welding supply, inc.

$61,700

Palmer's welding supply, inc. was initially approved for PPP Loan of amount $61,700, the current approved amount is $61,700. The loan was approved on 04/27/2020 by The Morris Bank reported 8 jobs and $61,700 was used to fund payroll.

Palmer's welding supply, inc. is Existing or more than 2 years old

PPP Loan Search / GA / LOGANVILLE / Palmer's welding supply, inc.

PALMER'S WELDING SUPPLY, INC.

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PALMER'S WELDING SUPPLY, INC.

Borrower Address

420 D ATHENS HWY

Borrower City

LOGANVILLE

Borrower State

GA

Borrower Zip

30052-2230

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

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

1450.00

Payroll Proceed

49361.00

Mortgage Interest Proceed

0.00

Rent Proceed

3563.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7326.00

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

62224.45

Forgiveness Date

03/02/2021

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