PPP Loan information for Weldex sales corporation

$332,028

Weldex sales corporation was initially approved for PPP Loan of amount $332,028, the current approved amount is $332,028. The loan was approved on 04/29/2020 by The Truist Bank reported 37 jobs and $332,028 was used to fund payroll.

Weldex sales corporation is Existing or more than 2 years old

WELDEX SALES CORPORATION

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WELDEX SALES CORPORATION

Borrower Address

PO Box 1

Borrower City

Thaxton

Borrower State

VA

Borrower Zip

24174

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332028.00

Current Approval Amount

332028.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thaxton

Project County Name

BEDFORD

Project State

VA

Project Zip

24174-0001

CD

VA-09

Jobs Reported

37

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

332028.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334158.51

Forgiveness Date

12/28/2020

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