PPP Loan information for The welding rod llc

$127,060

The welding rod llc was initially approved for PPP Loan of amount $127,060, the current approved amount is $127,060. The loan was approved on 04/06/2020 by The Middletown Valley Bank reported 11 jobs and $127,060 was used to fund payroll.

The welding rod llc is Existing or more than 2 years old

THE WELDING ROD LLC

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE WELDING ROD LLC

Borrower Address

3456 SAND FLAT RD

Borrower City

OAKLAND

Borrower State

MD

Borrower Zip

21550-6946

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127060.00

Current Approval Amount

127060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

GARRETT

Project State

MD

Project Zip

21550-6946

CD

MD-06

Jobs Reported

11

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127060.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128090.60

Forgiveness Date

02/02/2021

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