PPP Loan information for The welch group,inc.

$64,522

The welch group,inc. was initially approved for PPP Loan of amount $64,522, the current approved amount is $64,522. The loan was approved on 04/06/2020 by The The Farmers & Merchants Bank reported 6 jobs and $64,522 was used to fund payroll.

The welch group,inc. is Existing or more than 2 years old

PPP Loan Search / WI / REDGRANITE / The welch group,inc.

THE WELCH GROUP,INC.

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

THE WELCH GROUP,INC.

Borrower Address

PO BOX 523

Borrower City

REDGRANITE

Borrower State

WI

Borrower Zip

54970-0523

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64522.00

Current Approval Amount

64522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75639

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

123 W Huron St

Servicing Lender City

BERLIN

Servicing Lender State

WI

Servicing Lender Zip

54923-1516

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REDGRANITE

Project County Name

WAUSHARA

Project State

WI

Project Zip

54970-0523

CD

WI-06

Jobs Reported

6

NAICS Code

541820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64522.00

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

75639

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

BERLIN

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64857.16

Forgiveness Date

10/20/2020

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