PPP Loan information for Welch brothers company, inc.

$139,363

Welch brothers company, inc. was initially approved for PPP Loan of amount $139,363, the current approved amount is $139,363. The loan was approved on 04/15/2020 by The The Lowell Five Cent Savings Bank reported 10 jobs and $139,363 was used to fund payroll.

Welch brothers company, inc. is Existing or more than 2 years old

WELCH BROTHERS COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELCH BROTHERS COMPANY, INC.

Borrower Address

148 A Tanner Street

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139363.00

Current Approval Amount

139363.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-0001

CD

MA-03

Jobs Reported

10

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1132.00

Payroll Proceed

131342.00

Mortgage Interest Proceed

0.00

Rent Proceed

5200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1689.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140122.81

Forgiveness Date

11/03/2020

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