PPP Loan information for Welborn companies, llc

$539,404

Welborn companies, llc was initially approved for PPP Loan of amount $539,404, the current approved amount is $539,404. The loan was approved on 04/11/2020 by The b1BANK reported 41 jobs and $539,404 was used to fund payroll.

Welborn companies, llc is Existing or more than 2 years old

WELBORN COMPANIES, LLC

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

WELBORN COMPANIES, LLC

Borrower Address

2350 CRIST RD Suite 100

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75040-3709

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539404.00

Current Approval Amount

539404.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARLAND

Project County Name

DALLAS

Project State

TX

Project Zip

75040-3709

CD

TX-05

Jobs Reported

41

NAICS Code

238350

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7500.00

Payroll Proceed

452404.00

Mortgage Interest Proceed

0.00

Rent Proceed

17000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42500.00

Debt Interest Proceed

20000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

544947.87

Forgiveness Date

04/22/2021

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