PPP Loan information for Professional welding service inc.

$142,684

Professional welding service inc. was initially approved for PPP Loan of amount $142,684, the current approved amount is $142,684. The loan was approved on 02/27/2021 by The Truist Bank reported 13 jobs and $142,684 was used to fund payroll.

Professional welding service inc. is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / Professional welding service inc.

PROFESSIONAL WELDING SERVICE INC.

Date Approved

02/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PROFESSIONAL WELDING SERVICE INC.

Borrower Address

2300 Florida Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23513-4518

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142684.45

Current Approval Amount

142684.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

23513-4518

CD

VA-03

Jobs Reported

13

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

142680.45

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143409.76

Forgiveness Date

09/01/2021

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