PPP Loan information for Welding alloys usa inc

$971,470

Welding alloys usa inc was initially approved for PPP Loan of amount $971,470, the current approved amount is $971,470. The loan was approved on 04/09/2020 by The Truist Bank reported 67 jobs and $971,470 was used to fund payroll.

Welding alloys usa inc is Existing or more than 2 years old

PPP Loan Search / KY / FLORENCE / Welding alloys usa inc

WELDING ALLOYS USA INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WELDING ALLOYS USA INC

Borrower Address

8535 DIXIE HWY

Borrower City

FLORENCE

Borrower State

KY

Borrower Zip

41042-3201

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

971470.00

Current Approval Amount

971470.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

BOONE

Project State

KY

Project Zip

41042-3201

CD

KY-04

Jobs Reported

67

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

971470.00

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

977811.54

Forgiveness Date

12/21/2020

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