PPP Loan information for Welsh custom slitting and rewinding llc

$500,000

Welsh custom slitting and rewinding llc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 01/21/2021 by The Bank of Oak Ridge reported 39 jobs and $500,000 was used to fund payroll.

Welsh custom slitting and rewinding llc is Existing or more than 2 years old

PPP Loan Search / NC / Greensboro / Welsh custom slitting and rewinding llc

WELSH CUSTOM SLITTING AND REWINDING LLC

Date Approved

01/21/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WELSH CUSTOM SLITTING AND REWINDING LLC

Borrower Address

200 Citation Ct

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27409-9026

Loan Status Date

03/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27409-9026

CD

NC-06

Jobs Reported

39

NAICS Code

313310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505375.00

Forgiveness Date

02/17/2022

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