PPP Loan information for Welch companies, inc.

$175,924

Welch companies, inc. was initially approved for PPP Loan of amount $175,924, the current approved amount is $175,924. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 21 jobs and $175,924 was used to fund payroll.

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

WELCH COMPANIES, INC.

Date Approved

04/27/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

WELCH COMPANIES, INC.

Borrower Address

1059 S Western Skies Dr

Borrower City

Gilbert

Borrower State

AZ

Borrower Zip

85296-3710

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175924.00

Current Approval Amount

175924.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gilbert

Project County Name

MARICOPA

Project State

AZ

Project Zip

85296-3710

CD

AZ-05

Jobs Reported

21

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

175924.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178049.75

Forgiveness Date

07/15/2021

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