PPP Loan information for New bedford welding supply inc

$413,220

New bedford welding supply inc was initially approved for PPP Loan of amount $413,220, the current approved amount is $413,220. The loan was approved on 04/09/2020 by The BayCoast Bank reported 37 jobs and $413,220 was used to fund payroll.

New bedford welding supply inc is Existing or more than 2 years old

PPP Loan Search / MA / NEW BEDFORD / New bedford welding supply inc

NEW BEDFORD WELDING SUPPLY INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW BEDFORD WELDING SUPPLY INC

Borrower Address

286 Herman Melville Blvd

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02740-7325

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413220.00

Current Approval Amount

413220.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-7325

CD

MA-09

Jobs Reported

37

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

413220.00

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

Subchapter S Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

417845.77

Forgiveness Date

05/26/2021

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