PPP Loan information for Welcome finance company inc

$432,100

Welcome finance company inc was initially approved for PPP Loan of amount $432,100, the current approved amount is $432,100. The loan was approved on 04/15/2020 by The American National Bank and Trust Company reported 48 jobs and $432,100 was used to fund payroll.

Welcome finance company inc is Existing or more than 2 years old

PPP Loan Search / NC / MEBANE / Welcome finance company inc

WELCOME FINANCE COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELCOME FINANCE COMPANY INC

Borrower Address

112 W Center St

Borrower City

MEBANE

Borrower State

NC

Borrower Zip

27302

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432100.00

Current Approval Amount

432100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEBANE

Project County Name

ALAMANCE

Project State

NC

Project Zip

27302-0001

CD

NC-04

Jobs Reported

48

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31000.00

Payroll Proceed

325000.00

Mortgage Interest Proceed

76100.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;