PPP Loan information for Welch brothers construction inc.

$260,040

Welch brothers construction inc. was initially approved for PPP Loan of amount $260,040, the current approved amount is $260,040. The loan was approved on 01/31/2021 by The Heritage Bank reported 16 jobs and $260,040 was used to fund payroll.

Welch brothers construction inc. is Existing or more than 2 years old

WELCH BROTHERS CONSTRUCTION INC.

Date Approved

01/31/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

WELCH BROTHERS CONSTRUCTION INC.

Borrower Address

8957 Stevenson Rd

Borrower City

Anacortes

Borrower State

WA

Borrower Zip

98221-9311

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260040.00

Current Approval Amount

260040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anacortes

Project County Name

SKAGIT

Project State

WA

Project Zip

98221-9311

CD

WA-02

Jobs Reported

16

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

260036.00

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

Subchapter S Corporation

Originating Lender Location Id

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261970.71

Forgiveness Date

11/03/2021

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