PPP Loan information for National welding corporation

$225,115

National welding corporation was initially approved for PPP Loan of amount $225,115, the current approved amount is $225,115. The loan was approved on 04/11/2020 by The Cache Valley Bank reported 20 jobs and $225,115 was used to fund payroll.

National welding corporation is Existing or more than 2 years old

NATIONAL WELDING CORPORATION

Date Approved

04/11/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

NATIONAL WELDING CORPORATION

Borrower Address

7025 COMMERCE PARK DR

Borrower City

MIDVALE

Borrower State

UT

Borrower Zip

84047-1090

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225114.74

Current Approval Amount

225114.74

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDVALE

Project County Name

SALT LAKE

Project State

UT

Project Zip

84047-1090

CD

UT-04

Jobs Reported

20

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225114.74

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226671.78

Forgiveness Date

12/22/2020

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