PPP Loan information for Professional welding co inc

$171,100

Professional welding co inc was initially approved for PPP Loan of amount $171,100, the current approved amount is $171,100. The loan was approved on 04/07/2020 by The Powell Valley National Bank reported 20 jobs and $171,100 was used to fund payroll.

Professional welding co inc is Existing or more than 2 years old

PPP Loan Search / TN / KINGSPORT / Professional welding co inc

PROFESSIONAL WELDING CO INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROFESSIONAL WELDING CO INC

Borrower Address

430 RIVERPORT ROAD SUITE 1

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660-3500

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171100.00

Current Approval Amount

171100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-3500

CD

TN-01

Jobs Reported

20

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171100.00

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

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172543.80

Forgiveness Date

02/17/2021

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