PPP Loan information for In & out welders inc

$291,000

In & out welders inc was initially approved for PPP Loan of amount $291,000, the current approved amount is $291,000. The loan was approved on 02/11/2021 by The Community Bank of Mississippi reported 48 jobs and $291,000 was used to fund payroll.

In & out welders inc is Existing or more than 2 years old

PPP Loan Search / AL / Lincoln / In & out welders inc

IN & OUT WELDERS INC

Date Approved

02/11/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

IN & OUT WELDERS INC

Borrower Address

568 McCaig Rd

Borrower City

Lincoln

Borrower State

AL

Borrower Zip

35096-4855

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291000.08

Current Approval Amount

291000.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

TALLADEGA

Project State

AL

Project Zip

35096-4855

CD

AL-03

Jobs Reported

48

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

291000.08

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

294189.12

Forgiveness Date

03/28/2022

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