PPP Loan information for Potts welding & boiler repair co. inc.

$1,508,635

Potts welding & boiler repair co. inc. was initially approved for PPP Loan of amount $1,508,635, the current approved amount is $1,508,635. The loan was approved on 06/22/2021 by The Loan Source Incorporated reported 97 jobs and $1,508,635 was used to fund payroll.

Potts welding & boiler repair co. inc. is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Potts welding & boiler repair co. inc.

POTTS WELDING & BOILER REPAIR CO. INC.

Date Approved

06/22/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

POTTS WELDING & BOILER REPAIR CO. INC.

Borrower Address

1901 Ogletown Rd

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711-5437

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1508635.00

Current Approval Amount

1508635.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-5437

CD

DE-

Jobs Reported

97

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1508632.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1517356.15

Forgiveness Date

02/10/2022

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