PPP Loan information for Weldco fabrication and design

$276,000

Weldco fabrication and design was initially approved for PPP Loan of amount $276,000, the current approved amount is $276,000. The loan was approved on 04/29/2020 by The Timberline Bank reported 39 jobs and $276,000 was used to fund payroll.

Weldco fabrication and design is Existing or more than 2 years old

WELDCO FABRICATION AND DESIGN

Date Approved

04/29/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

WELDCO FABRICATION AND DESIGN

Borrower Address

1921 W 2500 N

Borrower City

VERNAL

Borrower State

UT

Borrower Zip

84078-9643

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276000.00

Current Approval Amount

276000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERNAL

Project County Name

UINTAH

Project State

UT

Project Zip

84078-9643

CD

UT-03

Jobs Reported

39

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207000.00

Mortgage Interest Proceed

0.00

Rent Proceed

69000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

278875.00

Forgiveness Date

05/24/2021

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