PPP Loan information for Quality welding inc

$336,933

Quality welding inc was initially approved for PPP Loan of amount $336,933, the current approved amount is $336,933. The loan was approved on 04/28/2020 by The The Croghan Colonial Bank reported 20 jobs and $336,933 was used to fund payroll.

Quality welding inc is Existing or more than 2 years old

QUALITY WELDING INC

Date Approved

04/28/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

QUALITY WELDING INC

Borrower Address

104 Ronald Lane

Borrower City

BELLEVUE

Borrower State

OH

Borrower Zip

44811

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336933.00

Current Approval Amount

336933.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57578

Servicing Lender Name

The Croghan Colonial Bank

Servicing Lender Address

323 Croghan St

Servicing Lender City

FREMONT

Servicing Lender State

OH

Servicing Lender Zip

43420-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLEVUE

Project County Name

HURON

Project State

OH

Project Zip

44811-0001

CD

OH-09

Jobs Reported

20

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

42116.63

Payroll Proceed

252699.75

Mortgage Interest Proceed

0.00

Rent Proceed

42116.62

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57578

Originating Lender

The Croghan Colonial Bank

Originating Lender City

FREMONT

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339263.45

Forgiveness Date

01/13/2021

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