PPP Loan information for Weld-rite,inc.

$125,750

Weld-rite,inc. was initially approved for PPP Loan of amount $125,750, the current approved amount is $125,750. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 14 jobs and $125,750 was used to fund payroll.

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

WELD-RITE,INC.

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

WELD-RITE,INC.

Borrower Address

15601 INDUSTRY LN

Borrower City

HUNTINGTON BEACH

Borrower State

CA

Borrower Zip

92649

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125750.00

Current Approval Amount

125750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

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

92649-1000

CD

CA-47

Jobs Reported

14

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

105750.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127297.28

Forgiveness Date

07/28/2021

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