PPP Loan information for In & out welders incorporated

$291,000

In & out welders incorporated was initially approved for PPP Loan of amount $291,000, the current approved amount is $291,000. The loan was approved on 05/29/2020 by The Community Bank of Mississippi reported 48 jobs and $291,000 was used to fund payroll.

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

PPP Loan Search / AL / LINCOLN / In & out welders incorporated

IN & OUT WELDERS INCORPORATED

Date Approved

05/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

IN & OUT WELDERS INCORPORATED

Borrower Address

568 MCCAIG RD

Borrower City

LINCOLN

Borrower State

AL

Borrower Zip

35096-4855

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

291000.00

Current Approval Amount

291000.00

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

332111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24300.00

Payroll Proceed

264800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1900.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293009.10

Forgiveness Date

02/16/2021

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