PPP Loan information for Sam's welding inc

$37,687

Sam's welding inc was initially approved for PPP Loan of amount $37,687, the current approved amount is $37,687. The loan was approved on 01/21/2021 by The Bank of America, National Association reported 4 jobs and $37,687 was used to fund payroll.

Sam's welding inc is Existing or more than 2 years old

SAM'S WELDING INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SAM'S WELDING INC

Borrower Address

6447 Bingham St

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48126-2203

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37687.00

Current Approval Amount

37687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48126-2203

CD

MI-12

Jobs Reported

4

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37684.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37905.89

Forgiveness Date

08/26/2021

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