PPP Loan information for Powell welding

$20,800

Powell welding was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/28/2020 by The First State Bank reported 1 jobs and $20,800 was used to fund payroll.

Powell welding is Existing or more than 2 years old

POWELL WELDING

Date Approved

04/28/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

POWELL WELDING

Borrower Address

PO Box 52

Borrower City

Hitchcock

Borrower State

OK

Borrower Zip

73744-0052

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59496

Servicing Lender Name

First State Bank

Servicing Lender Address

321 W Main St

Servicing Lender City

WATONGA

Servicing Lender State

OK

Servicing Lender Zip

73772-4231

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hitchcock

Project County Name

BLAINE

Project State

OK

Project Zip

73744-0052

CD

OK-03

Jobs Reported

1

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Sole Proprietorship

Originating Lender Location Id

59496

Originating Lender

First State Bank

Originating Lender City

WATONGA

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10472.36

Forgiveness Date

11/29/2021

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