PPP Loan information for Welder's equipment inc.

$359,812

Welder's equipment inc. was initially approved for PPP Loan of amount $359,812, the current approved amount is $359,812. The loan was approved on 03/23/2021 by The JD Bank reported 34 jobs and $359,812 was used to fund payroll.

Welder's equipment inc. is Existing or more than 2 years old

WELDER'S EQUIPMENT INC.

Date Approved

03/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

WELDER'S EQUIPMENT INC.

Borrower Address

1201 Park Ave

Borrower City

Eunice

Borrower State

LA

Borrower Zip

70535-4327

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

359812.00

Current Approval Amount

359812.00

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

70535-4327

CD

LA-04

Jobs Reported

34

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

359809.00

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

361271.24

Forgiveness Date

08/17/2021

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