PPP Loan information for Wesco gas & welding supply, inc

$1,476,700

Wesco gas & welding supply, inc was initially approved for PPP Loan of amount $1,476,700, the current approved amount is $1,476,700. The loan was approved on 04/08/2020 by The The First Bank reported 127 jobs and $1,476,700 was used to fund payroll.

Wesco gas & welding supply, inc is Existing or more than 2 years old

PPP Loan Search / AL / MOBILE / Wesco gas & welding supply, inc

WESCO GAS & WELDING SUPPLY, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WESCO GAS & WELDING SUPPLY, INC

Borrower Address

940 DR MARTIN L KING JR DR

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36610-4866

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1476700.00

Current Approval Amount

1476700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36610-4866

CD

AL-01

Jobs Reported

127

NAICS Code

532412

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26846.00

Payroll Proceed

1281908.00

Mortgage Interest Proceed

0.00

Rent Proceed

55040.00

Refinance EIDL Proceed

0.00

Health Care Proceed

112906.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1489662.14

Forgiveness Date

03/01/2021

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