PPP Loan information for Weldquip inc

$88,900

Weldquip inc was initially approved for PPP Loan of amount $88,900, the current approved amount is $88,900. The loan was approved on 04/06/2020 by The The Farmers National Bank of Danville reported 14 jobs and $88,900 was used to fund payroll.

Weldquip inc is Existing or more than 2 years old

WELDQUIP INC

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WELDQUIP INC

Borrower Address

531 S. 4TH ST

Borrower City

DANVILLE

Borrower State

KY

Borrower Zip

40422-2124

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88900.00

Current Approval Amount

88900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26960

Servicing Lender Name

The Farmers National Bank of Danville

Servicing Lender Address

304 W Main St

Servicing Lender City

DANVILLE

Servicing Lender State

KY

Servicing Lender Zip

40422-1814

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

BOYLE

Project State

KY

Project Zip

40422-2124

CD

KY-01

Jobs Reported

14

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88900.00

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

26960

Originating Lender

The Farmers National Bank of Danville

Originating Lender City

DANVILLE

Originating Lender State

KY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89421.05

Forgiveness Date

11/12/2020

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