PPP Loan information for Wellborn industries inc

$169,900

Wellborn industries inc was initially approved for PPP Loan of amount $169,900, the current approved amount is $169,900. The loan was approved on 01/30/2021 by The River Bank & Trust reported 20 jobs and $169,900 was used to fund payroll.

Wellborn industries inc is Existing or more than 2 years old

WELLBORN INDUSTRIES INC

Date Approved

01/30/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

WELLBORN INDUSTRIES INC

Borrower Address

59 Wellborn Way

Borrower City

Jacksons Gap

Borrower State

AL

Borrower Zip

36861-5781

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169900.00

Current Approval Amount

169900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jacksons Gap

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

36861-5781

CD

AL-03

Jobs Reported

20

NAICS Code

321113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

169900.00

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

Subchapter S Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

172245.56

Forgiveness Date

06/14/2022

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