PPP Loan information for Welch car crushing inc.

$70,200

Welch car crushing inc. was initially approved for PPP Loan of amount $70,200, the current approved amount is $70,200. The loan was approved on 03/23/2021 by The Magnolia State Bank reported 9 jobs and $70,200 was used to fund payroll.

Welch car crushing inc. is Existing or more than 2 years old

PPP Loan Search / MS / Soso / Welch car crushing inc.

WELCH CAR CRUSHING INC.

Date Approved

03/23/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

WELCH CAR CRUSHING INC.

Borrower Address

267 Duck Hill Rd

Borrower City

Soso

Borrower State

MS

Borrower Zip

39480-5009

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70200.00

Current Approval Amount

70200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Soso

Project County Name

JONES

Project State

MS

Project Zip

39480-5009

CD

MS-04

Jobs Reported

9

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70200.00

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

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70529.55

Forgiveness Date

09/29/2021

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