PPP Loan information for Weld-rite, llc

$15,200

Weld-rite, llc was initially approved for PPP Loan of amount $15,200, the current approved amount is $15,200. The loan was approved on 05/01/2021 by The First Farmers and Merchants Bank reported 2 jobs and $15,200 was used to fund payroll.

Weld-rite, llc is Existing or more than 2 years old

PPP Loan Search / TN / Mount Pleasant / Weld-rite, llc

WELD-RITE, LLC

Date Approved

05/01/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WELD-RITE, LLC

Borrower Address

302 S Main St

Borrower City

Mount Pleasant

Borrower State

TN

Borrower Zip

38474-1632

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15200.00

Current Approval Amount

15200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

MAURY

Project State

TN

Project Zip

38474-1632

CD

TN-04

Jobs Reported

2

NAICS Code

238990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

15194.00

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

Limited Liability Partnership

Originating Lender Location Id

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15225.33

Forgiveness Date

07/12/2021

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