PPP Loan information for Weldworks inc.

$49,112

Weldworks inc. was initially approved for PPP Loan of amount $49,112, the current approved amount is $49,112. The loan was approved on 02/19/2021 by The First State Bank reported 6 jobs and $49,112 was used to fund payroll.

Weldworks inc. is Existing or more than 2 years old

PPP Loan Search / IA / Lynnville / Weldworks inc.

WELDWORKS INC.

Date Approved

02/19/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

WELDWORKS INC.

Borrower Address

606 Center St

Borrower City

Lynnville

Borrower State

IA

Borrower Zip

50153-8649

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49112.00

Current Approval Amount

49112.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25209

Servicing Lender Name

First State Bank

Servicing Lender Address

413 East St

Servicing Lender City

LYNNVILLE

Servicing Lender State

IA

Servicing Lender Zip

50153-8553

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynnville

Project County Name

JASPER

Project State

IA

Project Zip

50153-8649

CD

IA-01

Jobs Reported

6

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49110.00

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

25209

Originating Lender

First State Bank

Originating Lender City

LYNNVILLE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49440.78

Forgiveness Date

10/25/2021

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