PPP Loan information for Norfolk machine & welding inc.

$247,100

Norfolk machine & welding inc. was initially approved for PPP Loan of amount $247,100, the current approved amount is $247,100. The loan was approved on 04/30/2020 by The First Bank reported 29 jobs and $247,100 was used to fund payroll.

Norfolk machine & welding inc. is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Norfolk machine & welding inc.

NORFOLK MACHINE & WELDING INC.

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NORFOLK MACHINE & WELDING INC.

Borrower Address

1028 27TH ST

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23517-1019

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247100.00

Current Approval Amount

247100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23517-1019

CD

VA-03

Jobs Reported

29

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27100.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249049.72

Forgiveness Date

02/17/2021

;