PPP Loan information for Reid's welding, llc

$49,700

Reid's welding, llc was initially approved for PPP Loan of amount $49,700, the current approved amount is $49,700. The loan was approved on 04/27/2020 by The First United Bank & Trust reported 9 jobs and $49,700 was used to fund payroll.

Reid's welding, llc is Existing or more than 2 years old

REID'S WELDING, LLC

Date Approved

04/27/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

REID'S WELDING, LLC

Borrower Address

120 Calvin Drive

Borrower City

Hedgesville

Borrower State

WV

Borrower Zip

25427

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49700.00

Current Approval Amount

49700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hedgesville

Project County Name

BERKELEY

Project State

WV

Project Zip

25427-0001

CD

WV-02

Jobs Reported

9

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50173.53

Forgiveness Date

04/15/2021

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