PPP Loan information for Southcoast welding & manufacturing llc

$8,201,245

Southcoast welding & manufacturing llc was initially approved for PPP Loan of amount $8,201,245, the current approved amount is $8,201,245. The loan was approved on 04/11/2020 by The Bank of America, National Association reported 500 jobs and $8,201,245 was used to fund payroll.

Southcoast welding & manufacturing llc is Existing or more than 2 years old

SOUTHCOAST WELDING & MANUFACTURING LLC

Date Approved

04/11/2020

SBA Office Code

0954

Processing Method

PPP

Borrower Name

SOUTHCOAST WELDING & MANUFACTURING LLC

Borrower Address

2591 FAIVRE ST STE 1

Borrower City

CHULA VISTA

Borrower State

CA

Borrower Zip

91911-4603

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8201245.00

Current Approval Amount

8201245.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHULA VISTA

Project County Name

SAN DIEGO

Project State

CA

Project Zip

91911-4603

CD

CA-52

Jobs Reported

500

NAICS Code

336611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8201245.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8293143.88

Forgiveness Date

06/11/2021

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