PPP Loan information for Welborn electric company inc

$146,235

Welborn electric company inc was initially approved for PPP Loan of amount $146,235, the current approved amount is $146,235. The loan was approved on 05/12/2020 by The Triad Business Bank reported 12 jobs and $146,235 was used to fund payroll.

Welborn electric company inc is Existing or more than 2 years old

PPP Loan Search / NC / GREENSBORO / Welborn electric company inc

WELBORN ELECTRIC COMPANY INC

Date Approved

05/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELBORN ELECTRIC COMPANY INC

Borrower Address

302 Concord St

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27406-3636

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146234.62

Current Approval Amount

146234.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27406-3636

CD

NC-06

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

146234.62

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147546.67

Forgiveness Date

04/02/2021

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