PPP Loan information for Welch brothers company, inc.

$124,600

Welch brothers company, inc. was initially approved for PPP Loan of amount $124,600, the current approved amount is $124,600. The loan was approved on 04/10/2020 by The Mascoma Bank reported 16 jobs and $124,600 was used to fund payroll.

Welch brothers company, inc. is Existing or more than 2 years old

PPP Loan Search / VT / SOUTH ROYALTON / Welch brothers company, inc.

WELCH BROTHERS COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

WELCH BROTHERS COMPANY, INC.

Borrower Address

3626 VT ROUTE 14

Borrower City

SOUTH ROYALTON

Borrower State

VT

Borrower Zip

05068-4473

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124600.00

Current Approval Amount

124600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43126

Servicing Lender Name

Mascoma Bank

Servicing Lender Address

67 N Park St

Servicing Lender City

LEBANON

Servicing Lender State

NH

Servicing Lender Zip

03766-1317

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH ROYALTON

Project County Name

WINDSOR

Project State

VT

Project Zip

05068-4473

CD

VT-

Jobs Reported

16

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124600.00

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

43126

Originating Lender

Mascoma Bank

Originating Lender City

LEBANON

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125736.76

Forgiveness Date

03/22/2021

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