PPP Loan information for Welch farms inc

$43,980

Welch farms inc was initially approved for PPP Loan of amount $43,980, the current approved amount is $43,980. The loan was approved on 04/27/2020 by The United Bank reported 3 jobs and $43,980 was used to fund payroll.

Welch farms inc is Existing or more than 2 years old

WELCH FARMS INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WELCH FARMS INC

Borrower Address

1007 WADDEYS RD

Borrower City

KILMARNOCK

Borrower State

VA

Borrower Zip

22482-3009

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43979.57

Current Approval Amount

43979.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KILMARNOCK

Project County Name

NORTHUMBERLAND

Project State

VA

Project Zip

22482-3009

CD

VA-01

Jobs Reported

3

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43979.57

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44254.44

Forgiveness Date

12/10/2020

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