PPP Loan information for American welding services incorporated

$257,485

American welding services incorporated was initially approved for PPP Loan of amount $257,485, the current approved amount is $257,485. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $257,485 was used to fund payroll.

American welding services incorporated is New Business or 2 years or less

AMERICAN WELDING SERVICES INCORPORATED

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

AMERICAN WELDING SERVICES INCORPORATED

Borrower Address

414 BEAVERCREEK RD STE 701

Borrower City

OREGON CITY

Borrower State

OR

Borrower Zip

97045-4166

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257485.00

Current Approval Amount

257485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OREGON CITY

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97045-4166

CD

OR-05

Jobs Reported

13

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

257485.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259065.18

Forgiveness Date

12/15/2020

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