PPP Loan information for Westmoreland construction inc

$1,566,387

Westmoreland construction inc was initially approved for PPP Loan of amount $1,566,387, the current approved amount is $1,566,387. The loan was approved on 04/27/2020 by The Orange Bank & Trust Company reported 86 jobs and $1,566,387 was used to fund payroll.

Westmoreland construction inc is Existing or more than 2 years old

WESTMORELAND CONSTRUCTION INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

WESTMORELAND CONSTRUCTION INC

Borrower Address

3640 Provost Ave

Borrower City

Bronx

Borrower State

NY

Borrower Zip

10466

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1566386.50

Current Approval Amount

1566386.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47419

Servicing Lender Name

Orange Bank & Trust Company

Servicing Lender Address

212 Dolson Ave

Servicing Lender City

MIDDLETOWN

Servicing Lender State

NY

Servicing Lender Zip

10940-6541

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bronx

Project County Name

BRONX

Project State

NY

Project Zip

10466-0001

CD

NY-16

Jobs Reported

86

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1566386.50

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

Subchapter S Corporation

Originating Lender Location Id

47419

Originating Lender

Orange Bank & Trust Company

Originating Lender City

MIDDLETOWN

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1580135.89

Forgiveness Date

03/18/2021

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