PPP Loan information for Weld power service company, inc.

$485,000

Weld power service company, inc. was initially approved for PPP Loan of amount $485,000, the current approved amount is $485,000. The loan was approved on 04/13/2020 by The Newtek Small Business Finance, Inc. reported 33 jobs and $485,000 was used to fund payroll.

Weld power service company, inc. is Existing or more than 2 years old

PPP Loan Search / MA / MILLBURY / Weld power service company, inc.

WELD POWER SERVICE COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELD POWER SERVICE COMPANY, INC.

Borrower Address

1529 GRAFTON RD

Borrower City

MILLBURY

Borrower State

MA

Borrower Zip

01527-4332

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485000.00

Current Approval Amount

485000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLBURY

Project County Name

WORCESTER

Project State

MA

Project Zip

01527-4332

CD

MA-02

Jobs Reported

33

NAICS Code

532490

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

485000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

490860.42

Forgiveness Date

07/01/2021

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