PPP Loan information for Welco electric corp

$152,855

Welco electric corp was initially approved for PPP Loan of amount $152,855, the current approved amount is $152,855. The loan was approved on 04/29/2020 by The U.S. Bank, National Association reported 15 jobs and $152,855 was used to fund payroll.

Welco electric corp is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS / Welco electric corp

WELCO ELECTRIC CORP

Date Approved

04/29/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

WELCO ELECTRIC CORP

Borrower Address

223 HIDDEN RD

Borrower City

HOT SPRINGS

Borrower State

AR

Borrower Zip

71913

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152855.00

Current Approval Amount

152855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS

Project County Name

GARLAND

Project State

AR

Project Zip

71913-0001

CD

AR-04

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

152855.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154268.91

Forgiveness Date

03/31/2021

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