PPP Loan information for Preferred welding llc

$170,600

Preferred welding llc was initially approved for PPP Loan of amount $170,600, the current approved amount is $170,600. The loan was approved on 04/15/2020 by The West Michigan Community Bank reported 26 jobs and $170,600 was used to fund payroll.

Preferred welding llc is Existing or more than 2 years old

PPP Loan Search / MI / ALLENDALE / Preferred welding llc

PREFERRED WELDING LLC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PREFERRED WELDING LLC

Borrower Address

11185 84TH AVE

Borrower City

ALLENDALE

Borrower State

MI

Borrower Zip

49401-9704

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170600.00

Current Approval Amount

170600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENDALE

Project County Name

OTTAWA

Project State

MI

Project Zip

49401-9704

CD

MI-02

Jobs Reported

26

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170600.00

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

Subchapter S Corporation

Originating Lender Location Id

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172282.31

Forgiveness Date

04/08/2021

;