PPP Loan information for Wear control welding inc

$244,663

Wear control welding inc was initially approved for PPP Loan of amount $244,663, the current approved amount is $244,663. The loan was approved on 04/28/2020 by The First Horizon Bank reported 14 jobs and $244,663 was used to fund payroll.

Wear control welding inc is Existing or more than 2 years old

WEAR CONTROL WELDING INC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

WEAR CONTROL WELDING INC

Borrower Address

1227 OLD SPANISH TRAIL PO BOX 95

Borrower City

BROUSSARD

Borrower State

LA

Borrower Zip

70518

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244663.00

Current Approval Amount

244663.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROUSSARD

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70518-0001

CD

LA-03

Jobs Reported

14

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

244663.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247809.64

Forgiveness Date

08/16/2021

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