PPP Loan information for Backup welding, inc.

$29,500

Backup welding, inc. was initially approved for PPP Loan of amount $29,500, the current approved amount is $29,500. The loan was approved on 06/03/2020 by The Western Commerce Bank reported 4 jobs and $29,500 was used to fund payroll.

Backup welding, inc. is Existing or more than 2 years old

BACKUP WELDING, INC.

Date Approved

06/03/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

BACKUP WELDING, INC.

Borrower Address

3605 Hale Drive

Borrower City

LOVINGTON

Borrower State

NM

Borrower Zip

88260-8444

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29500.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOVINGTON

Project County Name

LEA

Project State

NM

Project Zip

88260-8444

CD

NM-03

Jobs Reported

4

NAICS Code

333992

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29500.00

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

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29730.34

Forgiveness Date

03/17/2021

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