PPP Loan information for Welch incorporated

$79,400

Welch incorporated was initially approved for PPP Loan of amount $79,400, the current approved amount is $79,400. The loan was approved on 05/04/2020 by The Aspen Federal Credit Union reported 10 jobs and $79,400 was used to fund payroll.

Welch incorporated is Existing or more than 2 years old

PPP Loan Search / SD / BOX ELDER / Welch incorporated

WELCH INCORPORATED

Date Approved

05/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

WELCH INCORPORATED

Borrower Address

104 BOX ELDER RD

Borrower City

BOX ELDER

Borrower State

SD

Borrower Zip

57719-9579

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79400.00

Current Approval Amount

79400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

105032

Servicing Lender Name

Aspen Federal Credit Union

Servicing Lender Address

625 Flormann St

Servicing Lender City

RAPID CITY

Servicing Lender State

SD

Servicing Lender Zip

57701-5469

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOX ELDER

Project County Name

PENNINGTON

Project State

SD

Project Zip

57719-9579

CD

SD-

Jobs Reported

10

NAICS Code

485320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79400.00

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

105032

Originating Lender

Aspen Federal Credit Union

Originating Lender City

RAPID CITY

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70735.85

Forgiveness Date

10/27/2020

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