Date Approved
04/30/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
WELCOME INDUSTRIAL CORP
Borrower Address
717 NORTH PARK AVENUE
Borrower City
BURLINGTON
Borrower State
NC
Borrower Zip
27217-2343
Loan Status Date
05/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
233984.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
438379
Servicing Lender Name
Providence Bank
Servicing Lender Address
450 N Winstead Ave
Servicing Lender City
ROCKY MOUNT
Servicing Lender State
Servicing Lender Zip
27804-2229
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALAMANCE
Project State
Project Zip
CD
NC-04
Jobs Reported
40
NAICS Code
541613
Race
Native Hawaiian or Other Pacific Islander
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
236144.35
Forgiveness Date
04/09/2021