PPP Loan information for Ann arbor welding supply company

$458,654

Ann arbor welding supply company was initially approved for PPP Loan of amount $476,000, the current approved amount is $458,654. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 37 jobs and $458,654 was used to fund payroll.

Ann arbor welding supply company is New Business or 2 years or less

ANN ARBOR WELDING SUPPLY COMPANY

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ANN ARBOR WELDING SUPPLY COMPANY

Borrower Address

4811 Carpenter Rd

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48197

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

476000.00

Current Approval Amount

458654.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-0001

CD

MI-06

Jobs Reported

37

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

458654.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

463818.57

Forgiveness Date

06/17/2021

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