PPP Loan information for Advanced welding & iron works inc

$78,750

Advanced welding & iron works inc was initially approved for PPP Loan of amount $78,750, the current approved amount is $78,750. The loan was approved on 05/28/2020 by The Bank of America, National Association reported 6 jobs and $78,750 was used to fund payroll.

Advanced welding & iron works inc is Existing or more than 2 years old

PPP Loan Search / NJ / UNION CITY / Advanced welding & iron works inc

ADVANCED WELDING & IRON WORKS INC

Date Approved

05/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ADVANCED WELDING & IRON WORKS INC

Borrower Address

4309 PALISADE AVE

Borrower City

UNION CITY

Borrower State

NJ

Borrower Zip

07087-5021

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78750.00

Current Approval Amount

78750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNION CITY

Project County Name

HUDSON

Project State

NJ

Project Zip

07087-5021

CD

NJ-08

Jobs Reported

6

NAICS Code

561790

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78750.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79336.85

Forgiveness Date

02/25/2021

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