PPP Loan information for East coast welding and construction co

$541,805

East coast welding and construction co was initially approved for PPP Loan of amount $541,805, the current approved amount is $541,805. The loan was approved on 05/18/2021 by The Wells Fargo Bank, National Association reported 17 jobs and $541,805 was used to fund payroll.

East coast welding and construction co is Existing or more than 2 years old

EAST COAST WELDING AND CONSTRUCTION CO

Date Approved

05/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

EAST COAST WELDING AND CONSTRUCTION CO

Borrower Address

1207 Wilson Rd

Borrower City

Glen Burnie

Borrower State

MD

Borrower Zip

21061-3239

Loan Status Date

09/13/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

541805.00

Current Approval Amount

541805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Burnie

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21061-3239

CD

MD-03

Jobs Reported

17

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

541802.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238661.40

Forgiveness Date

06/09/2022

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