PPP Loan information for Welcome way, inc.

$164,000

Welcome way, inc. was initially approved for PPP Loan of amount $164,000, the current approved amount is $164,000. The loan was approved on 04/04/2020 by The Quad City Bank and Trust Company reported 51 jobs and $164,000 was used to fund payroll.

Welcome way, inc. is Existing or more than 2 years old

WELCOME WAY, INC.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WELCOME WAY, INC.

Borrower Address

5221 A Grand Ave

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52807-1014

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164000.00

Current Approval Amount

164000.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52807-1014

CD

IA-01

Jobs Reported

51

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164000.00

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

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

165052.33

Forgiveness Date

12/09/2020

;