PPP Loan information for Clements welding and steel inc.

$62,500

Clements welding and steel inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 05/13/2020 by The Manufacturers and Traders Trust Company reported 5 jobs and $62,500 was used to fund payroll.

Clements welding and steel inc. is Existing or more than 2 years old

CLEMENTS WELDING AND STEEL INC.

Date Approved

05/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CLEMENTS WELDING AND STEEL INC.

Borrower Address

3552 Folly Quarter Rd.

Borrower City

Ellicott City

Borrower State

MD

Borrower Zip

21042

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ellicott City

Project County Name

HOWARD

Project State

MD

Project Zip

21042-0001

CD

MD-03

Jobs Reported

5

NAICS Code

332312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63320.21

Forgiveness Date

09/10/2021

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