PPP Loan information for Weld rite inc.

$67,498

Weld rite inc. was initially approved for PPP Loan of amount $67,498, the current approved amount is $67,498. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 5 jobs and $67,498 was used to fund payroll.

Weld rite inc. is Existing or more than 2 years old

PPP Loan Search / MA / Ashland / Weld rite inc.

WELD RITE INC.

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELD RITE INC.

Borrower Address

49 Oregon Road

Borrower City

Ashland

Borrower State

MA

Borrower Zip

01721

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67498.00

Current Approval Amount

67498.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01721-0001

CD

MA-02

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67498.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68084.22

Forgiveness Date

03/18/2021

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