PPP Loan information for Welsch furnace company, inc.

$1,807,300

Welsch furnace company, inc. was initially approved for PPP Loan of amount $1,807,300, the current approved amount is $1,807,300. The loan was approved on 04/04/2020 by The Midwest BankCentre reported 84 jobs and $1,807,300 was used to fund payroll.

Welsch furnace company, inc. is Existing or more than 2 years old

PPP Loan Search / MO / SAINT LOUIS / Welsch furnace company, inc.

WELSCH FURNACE COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

WELSCH FURNACE COMPANY, INC.

Borrower Address

2175 WELSCH INDUSTRIAL CT

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63146-4220

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1807300.00

Current Approval Amount

1807300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41309

Servicing Lender Name

Midwest BankCentre

Servicing Lender Address

2191 Lemay Ferry Rd

Servicing Lender City

SAINT LOUIS

Servicing Lender State

MO

Servicing Lender Zip

63125-2435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63146-4220

CD

MO-01

Jobs Reported

84

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1807300.00

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

41309

Originating Lender

Midwest BankCentre

Originating Lender City

SAINT LOUIS

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1818344.61

Forgiveness Date

11/23/2020

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