PPP Loan information for Custom welding & repair inc.

$43,645

Custom welding & repair inc. was initially approved for PPP Loan of amount $43,645, the current approved amount is $43,645. The loan was approved on 03/05/2021 by The State Bank reported 6 jobs and $43,645 was used to fund payroll.

Custom welding & repair inc. is Existing or more than 2 years old

CUSTOM WELDING & REPAIR INC.

Date Approved

03/05/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

CUSTOM WELDING & REPAIR INC.

Borrower Address

1000 N Main St

Borrower City

Everly

Borrower State

IA

Borrower Zip

51338-7581

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43645.00

Current Approval Amount

43645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24983

Servicing Lender Name

State Bank

Servicing Lender Address

728 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Everly

Project County Name

CLAY

Project State

IA

Project Zip

51338-7581

CD

IA-04

Jobs Reported

6

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43643.00

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

24983

Originating Lender

State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43920.21

Forgiveness Date

10/25/2021

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