PPP Loan information for Weld-rite inc

$128,625

Weld-rite inc was initially approved for PPP Loan of amount $128,625, the current approved amount is $128,625. The loan was approved on 05/18/2021 by The Customers Bank reported 21 jobs and $128,625 was used to fund payroll.

Weld-rite inc is Existing or more than 2 years old

WELD-RITE INC

Date Approved

05/18/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

WELD-RITE INC

Borrower Address

15601 Industry Ln

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92649-1536

Loan Status Date

02/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128625.00

Current Approval Amount

128625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntington Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92649-1536

CD

CA-47

Jobs Reported

21

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

128622.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129527.14

Forgiveness Date

02/02/2022

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