Date Approved
04/09/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
WELCH AND RUSHE, INC
Borrower Address
391 PRINCE GEORGES BLVD
Borrower City
UPPER MARLBORO
Borrower State
MD
Borrower Zip
20774-7410
Loan Status Date
07/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
3823200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PRINCE GEORGES
Project State
Project Zip
CD
MD-05
Jobs Reported
170
NAICS Code
238220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
3867379.20
Forgiveness Date
06/11/2021