PPP Loan information for Welchel electrical contractors inc

$168,530

Welchel electrical contractors inc was initially approved for PPP Loan of amount $168,530, the current approved amount is $168,530. The loan was approved on 04/27/2021 by The Wells Fargo Bank, National Association reported 17 jobs and $168,530 was used to fund payroll.

Welchel electrical contractors inc is Existing or more than 2 years old

PPP Loan Search / SC / Spartanburg / Welchel electrical contractors inc

WELCHEL ELECTRICAL CONTRACTORS INC

Date Approved

04/27/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WELCHEL ELECTRICAL CONTRACTORS INC

Borrower Address

7606 Prince St

Borrower City

Spartanburg

Borrower State

SC

Borrower Zip

29303-1754

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168530.00

Current Approval Amount

168530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Spartanburg

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29303-1754

CD

SC-04

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

168529.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170049.08

Forgiveness Date

03/24/2022

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