PPP Loan information for General welding supply inc

$77,500

General welding supply inc was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 03/06/2021 by The Pioneer Bank reported 8 jobs and $77,500 was used to fund payroll.

General welding supply inc is Existing or more than 2 years old

GENERAL WELDING SUPPLY INC

Date Approved

03/06/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

GENERAL WELDING SUPPLY INC

Borrower Address

1321 S Main Ave

Borrower City

Lovington

Borrower State

NM

Borrower Zip

88260-5624

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78043

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

3000 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-6676

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lovington

Project County Name

LEA

Project State

NM

Project Zip

88260-5624

CD

NM-03

Jobs Reported

8

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77500.00

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

78043

Originating Lender

Pioneer Bank

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78379.04

Forgiveness Date

05/05/2022

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