PPP Loan information for Weldworks, inc

$45,000

Weldworks, inc was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/27/2020 by The First State Bank reported 6 jobs and $45,000 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

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

WELDWORKS, INC

Borrower Address

606 Center Street

Borrower City

LYNNVILLE

Borrower State

IA

Borrower Zip

50153-8649

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

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

1500.00

Payroll Proceed

42500.00

Mortgage Interest Proceed

1000.00

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

45193.56

Forgiveness Date

10/09/2020

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