PPP Loan information for Welding processes and mechanical, inc.

$76,300

Welding processes and mechanical, inc. was initially approved for PPP Loan of amount $76,300, the current approved amount is $76,300. The loan was approved on 04/15/2020 by The Village Bank reported 7 jobs and $76,300 was used to fund payroll.

Welding processes and mechanical, inc. is Existing or more than 2 years old

WELDING PROCESSES AND MECHANICAL, INC.

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WELDING PROCESSES AND MECHANICAL, INC.

Borrower Address

PO Box 503 10433 Success Street

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76300.00

Current Approval Amount

76300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-0001

CD

VA-05

Jobs Reported

7

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76300.00

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77137.18

Forgiveness Date

05/25/2021

;