PPP Loan information for Weldcote metals inc

$536,200

Weldcote metals inc was initially approved for PPP Loan of amount $536,165, the current approved amount is $536,200. The loan was approved on 04/10/2020 by The Truist Bank reported 39 jobs and $536,200 was used to fund payroll.

Weldcote metals inc is Existing or more than 2 years old

PPP Loan Search / NC / KINGS MOUNTAIN / Weldcote metals inc

WELDCOTE METALS INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELDCOTE METALS INC

Borrower Address

842 OAK GROVE RD

Borrower City

KINGS MOUNTAIN

Borrower State

NC

Borrower Zip

28086-7775

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

536165.40

Current Approval Amount

536200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGS MOUNTAIN

Project County Name

CLEVELAND

Project State

NC

Project Zip

28086-7775

CD

NC-10

Jobs Reported

39

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

536200.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

541576.89

Forgiveness Date

04/26/2021

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