PPP Loan information for American welding and press repair, inc.

$97,800

American welding and press repair, inc. was initially approved for PPP Loan of amount $97,800, the current approved amount is $97,800. The loan was approved on 04/28/2020 by The Comerica Bank reported 9 jobs and $97,800 was used to fund payroll.

American welding and press repair, inc. is Existing or more than 2 years old

AMERICAN WELDING AND PRESS REPAIR, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN WELDING AND PRESS REPAIR, INC.

Borrower Address

26500 W. 8 Mile Road

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48033-5924

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97800.00

Current Approval Amount

97800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-5924

CD

MI-12

Jobs Reported

9

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78286.84

Mortgage Interest Proceed

19513.16

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98799.73

Forgiveness Date

05/10/2021

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