PPP Loan information for Welders equipment

$400,987

Welders equipment was initially approved for PPP Loan of amount $400,987, the current approved amount is $400,987. The loan was approved on 04/11/2020 by The JD Bank reported 35 jobs and $400,987 was used to fund payroll.

Welders equipment is Existing or more than 2 years old

WELDERS EQUIPMENT

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

WELDERS EQUIPMENT

Borrower Address

1201 W Park Avenue

Borrower City

EUNICE

Borrower State

LA

Borrower Zip

70535

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400987.00

Current Approval Amount

400987.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28306

Servicing Lender Name

JD Bank

Servicing Lender Address

507 N Main St

Servicing Lender City

JENNINGS

Servicing Lender State

LA

Servicing Lender Zip

70546-5345

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EUNICE

Project County Name

SAINT LANDRY

Project State

LA

Project Zip

70535-0001

CD

LA-04

Jobs Reported

35

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400987.00

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

28306

Originating Lender

JD Bank

Originating Lender City

JENNINGS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

404618.16

Forgiveness Date

03/10/2021

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