PPP Loan information for The welch corp

$1,686,080

The welch corp was initially approved for PPP Loan of amount $1,686,080, the current approved amount is $1,686,080. The loan was approved on 02/24/2021 by The Rockland Trust Company reported 145 jobs and $1,686,080 was used to fund payroll.

The welch corp is Existing or more than 2 years old

THE WELCH CORP

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

THE WELCH CORP

Borrower Address

35 Electric Ave # 0

Borrower City

Brighton

Borrower State

MA

Borrower Zip

02135-1830

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1686080.00

Current Approval Amount

1686080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

SUFFOLK

Project State

MA

Project Zip

02135-1830

CD

MA-07

Jobs Reported

145

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1686080.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1699709.15

Forgiveness Date

12/14/2021

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