PPP Loan information for Boly/welch inc

$2,000,000

Boly/welch inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/23/2021 by The Umpqua Bank reported 140 jobs and $2,000,000 was used to fund payroll.

Boly/welch inc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Boly/welch inc

BOLY/WELCH INC

Date Approved

03/23/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

BOLY/WELCH INC

Borrower Address

920 SW 6th Ave Ste 100

Borrower City

Portland

Borrower State

OR

Borrower Zip

97204-1207

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97204-1207

CD

OR-01

Jobs Reported

140

NAICS Code

561311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016383.56

Forgiveness Date

01/26/2022

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