PPP Loan information for Welch's restaurant operations, inc.

$46,250

Welch's restaurant operations, inc. was initially approved for PPP Loan of amount $46,250, the current approved amount is $46,250. The loan was approved on 04/15/2020 by The FNB Picayune Bank reported 43 jobs and $46,250 was used to fund payroll.

Welch's restaurant operations, inc. is Existing or more than 2 years old

WELCH'S RESTAURANT OPERATIONS, INC.

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WELCH'S RESTAURANT OPERATIONS, INC.

Borrower Address

7921 HIGHWAY 11

Borrower City

CARRIERE

Borrower State

MS

Borrower Zip

39426-8909

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46250.00

Current Approval Amount

46250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39682

Servicing Lender Name

FNB Picayune Bank

Servicing Lender Address

121 E Canal St

Servicing Lender City

PICAYUNE

Servicing Lender State

MS

Servicing Lender Zip

39466-4505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARRIERE

Project County Name

PEARL RIVER

Project State

MS

Project Zip

39426-8909

CD

MS-04

Jobs Reported

43

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34687.50

Mortgage Interest Proceed

11562.50

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

39682

Originating Lender

FNB Picayune Bank

Originating Lender City

PICAYUNE

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36494.32

Forgiveness Date

12/21/2020

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