PPP Loan information for Webco distribution inc

$131,600

Webco distribution inc was initially approved for PPP Loan of amount $131,600, the current approved amount is $131,600. The loan was approved on 04/14/2020 by The Customers Bank reported 13 jobs and $131,600 was used to fund payroll.

Webco distribution inc is Existing or more than 2 years old

PPP Loan Search / VA / Norfolk / Webco distribution inc

WEBCO DISTRIBUTION INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WEBCO DISTRIBUTION INC

Borrower Address

2301 Ingleside Road

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23513

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131600.00

Current Approval Amount

131600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

23513-0001

CD

VA-03

Jobs Reported

13

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132519.40

Forgiveness Date

01/25/2021

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