PPP Loan information for Welches all vehicle repair inc

$86,300

Welches all vehicle repair inc was initially approved for PPP Loan of amount $86,300, the current approved amount is $86,300. The loan was approved on 04/14/2020 by The 1st Source Bank reported 9 jobs and $86,300 was used to fund payroll.

Welches all vehicle repair inc is Existing or more than 2 years old

WELCHES ALL VEHICLE REPAIR INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WELCHES ALL VEHICLE REPAIR INC

Borrower Address

403 N Jefferson

Borrower City

OSSIAN

Borrower State

IN

Borrower Zip

46777

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86300.00

Current Approval Amount

86300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSSIAN

Project County Name

WELLS

Project State

IN

Project Zip

46777-0001

CD

IN-03

Jobs Reported

9

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86300.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

87218.14

Forgiveness Date

05/06/2021

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