PPP Loan information for Welm inc

$194,800

Welm inc was initially approved for PPP Loan of amount $194,800, the current approved amount is $194,800. The loan was approved on 04/12/2020 by The KeyBank National Association reported 18 jobs and $194,800 was used to fund payroll.

Welm inc is New Business or 2 years or less

PPP Loan Search / ME / WALDOBORO / Welm inc

WELM INC

Date Approved

04/12/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

WELM INC

Borrower Address

3162 Friendship Road

Borrower City

WALDOBORO

Borrower State

ME

Borrower Zip

04572-6337

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194800.00

Current Approval Amount

194800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WALDOBORO

Project County Name

LINCOLN

Project State

ME

Project Zip

04572-6337

CD

ME-01

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194800.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195910.09

Forgiveness Date

11/19/2020

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