PPP Loan information for Silver arc welding inc

$675,414

Silver arc welding inc was initially approved for PPP Loan of amount $652,700, the current approved amount is $675,414. The loan was approved on 04/03/2020 by The Stride Bank, National Association reported 50 jobs and $675,414 was used to fund payroll.

Silver arc welding inc is Existing or more than 2 years old

SILVER ARC WELDING INC

Date Approved

04/03/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SILVER ARC WELDING INC

Borrower Address

3809 E. Willow

Borrower City

ENID

Borrower State

OK

Borrower Zip

73701-4417

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652700.00

Current Approval Amount

675414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58932

Servicing Lender Name

Stride Bank, National Association

Servicing Lender Address

324 W Broadway

Servicing Lender City

ENID

Servicing Lender State

OK

Servicing Lender Zip

73701-3838

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ENID

Project County Name

GARFIELD

Project State

OK

Project Zip

73701-4417

CD

OK-03

Jobs Reported

50

NAICS Code

238190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

675414.00

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

58932

Originating Lender

Stride Bank, National Association

Originating Lender City

ENID

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

681961.76

Forgiveness Date

03/31/2021

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