PPP Loan information for Quality welding service inc

$160,700

Quality welding service inc was initially approved for PPP Loan of amount $160,700, the current approved amount is $160,700. The loan was approved on 04/10/2020 by The Johnson Bank reported 13 jobs and $160,700 was used to fund payroll.

Quality welding service inc is Existing or more than 2 years old

QUALITY WELDING SERVICE INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

QUALITY WELDING SERVICE INC

Borrower Address

1788 WILDWOOD DR

Borrower City

SUAMICO

Borrower State

WI

Borrower Zip

54173-8417

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160700.00

Current Approval Amount

160700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUAMICO

Project County Name

BROWN

Project State

WI

Project Zip

54173-8417

CD

WI-08

Jobs Reported

13

NAICS Code

333924

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20087.00

Payroll Proceed

120525.00

Mortgage Interest Proceed

0.00

Rent Proceed

20088.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161655.39

Forgiveness Date

11/23/2020

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