PPP Loan information for Colonial welding & fabrication, inc.

$245,731

Colonial welding & fabrication, inc. was initially approved for PPP Loan of amount $255,000, the current approved amount is $245,731. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 19 jobs and $245,731 was used to fund payroll.

Colonial welding & fabrication, inc. is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Colonial welding & fabrication, inc.

COLONIAL WELDING & FABRICATION, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COLONIAL WELDING & FABRICATION, INC.

Borrower Address

5801 CURLEW DR

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23502-4626

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

245731.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23502-4626

CD

VA-03

Jobs Reported

19

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

245731.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248031.32

Forgiveness Date

03/24/2021

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