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

$1,547,800

Potts welding & boiler repair co. inc. was initially approved for PPP Loan of amount $1,547,800, the current approved amount is $1,547,800. The loan was approved on 04/08/2020 by The Wilmington Savings Fund Society, FSB reported 97 jobs and $1,547,800 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

04/08/2020

SBA Office Code

0341

Processing Method

PPP

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

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1547800.00

Current Approval Amount

1547800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

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

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1547800.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1565567.90

Forgiveness Date

06/15/2021

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