PPP Loan information for Welcome associates llc

$63,000

Welcome associates llc was initially approved for PPP Loan of amount $63,000, the current approved amount is $63,000. The loan was approved on 02/05/2021 by The Pendleton Community Bank, Inc. reported 20 jobs and $63,000 was used to fund payroll.

Welcome associates llc is Existing or more than 2 years old

WELCOME ASSOCIATES LLC

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WELCOME ASSOCIATES LLC

Borrower Address

1703 E Market St

Borrower City

Harrisonburg

Borrower State

VA

Borrower Zip

22801-5103

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63000.00

Current Approval Amount

63000.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

75118

Servicing Lender Name

Pendleton Community Bank, Inc.

Servicing Lender Address

128 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

WV

Servicing Lender Zip

26807

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrisonburg

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-5103

CD

VA-06

Jobs Reported

20

NAICS Code

721199

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62993.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

75118

Originating Lender

Pendleton Community Bank, Inc.

Originating Lender City

FRANKLIN

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63600.66

Forgiveness Date

01/28/2022

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