PPP Loan information for Welch printing company inc.

$526,000

Welch printing company inc. was initially approved for PPP Loan of amount $526,000, the current approved amount is $526,000. The loan was approved on 02/18/2021 by The Truist Bank reported 40 jobs and $526,000 was used to fund payroll.

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

WELCH PRINTING COMPANY INC.

Date Approved

02/18/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

WELCH PRINTING COMPANY INC.

Borrower Address

350 Boxley Ave

Borrower City

Louisville

Borrower State

KY

Borrower Zip

40209-1849

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

526000.00

Current Approval Amount

526000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Louisville

Project County Name

JEFFERSON

Project State

KY

Project Zip

40209-1849

CD

KY-03

Jobs Reported

40

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

525996.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

533027.94

Forgiveness Date

06/16/2022

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