PPP Loan information for Advanced welding & design, inc.

$132,284

Advanced welding & design, inc. was initially approved for PPP Loan of amount $132,284, the current approved amount is $132,284. The loan was approved on 04/28/2020 by The StonehamBank reported 7 jobs and $132,284 was used to fund payroll.

Advanced welding & design, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Advanced welding & design, inc.

ADVANCED WELDING & DESIGN, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ADVANCED WELDING & DESIGN, INC.

Borrower Address

6 DRAPER ST

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-4522

Loan Status Date

05/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132284.00

Current Approval Amount

132284.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89298

Servicing Lender Name

StonehamBank

Servicing Lender Address

80 Montvale Ave

Servicing Lender City

STONEHAM

Servicing Lender State

MA

Servicing Lender Zip

02180-2893

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-4522

CD

MA-05

Jobs Reported

7

NAICS Code

811490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

132284.00

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

89298

Originating Lender

StonehamBank

Originating Lender City

STONEHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133261.43

Forgiveness Date

01/27/2021

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