PPP Loan information for Rochester welding company inc

$475,927

Rochester welding company inc was initially approved for PPP Loan of amount $475,927, the current approved amount is $475,927. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 43 jobs and $475,927 was used to fund payroll.

Rochester welding company inc is New Business or 2 years or less

PPP Loan Search / MI / OXFORD / Rochester welding company inc

ROCHESTER WELDING COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROCHESTER WELDING COMPANY INC

Borrower Address

2793 METAMORA RD

Borrower City

OXFORD

Borrower State

MI

Borrower Zip

48371-2357

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475927.00

Current Approval Amount

475927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OXFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48371-2357

CD

MI-09

Jobs Reported

43

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

475927.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

479943.04

Forgiveness Date

03/10/2021

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