PPP Loan information for Frank welch & sons co

$155,200

Frank welch & sons co was initially approved for PPP Loan of amount $155,200, the current approved amount is $155,200. The loan was approved on 05/04/2020 by The First Community Bank reported 14 jobs and $155,200 was used to fund payroll.

Frank welch & sons co is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT AIRY / Frank welch & sons co

FRANK WELCH & SONS CO

Date Approved

05/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FRANK WELCH & SONS CO

Borrower Address

1703 SOUTH MAIN ST

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155200.00

Current Approval Amount

155200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-0001

CD

NC-05

Jobs Reported

14

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155200.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156536.44

Forgiveness Date

03/15/2021

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