PPP Loan information for Michael welch

$20,833

Michael welch was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/27/2021 by The Valliance Bank reported 1 jobs and $20,833 was used to fund payroll.

Michael welch is Existing or more than 2 years old

MICHAEL WELCH

Date Approved

03/27/2021

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MICHAEL WELCH

Borrower Address

24675 234th St

Borrower City

Purcell

Borrower State

OK

Borrower Zip

73080-6892

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

467147

Servicing Lender Name

Valliance Bank

Servicing Lender Address

1601 NW Expwy, Ste 100

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-1420

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Purcell

Project County Name

MCCLAIN

Project State

OK

Project Zip

73080-6892

CD

OK-04

Jobs Reported

1

NAICS Code

484210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.33

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

Sole Proprietorship

Originating Lender Location Id

467147

Originating Lender

Valliance Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

21054.97

Forgiveness Date

04/20/2022

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