PPP Loan information for Welz tool machine & boring co. inc.

$281,300

Welz tool machine & boring co. inc. was initially approved for PPP Loan of amount $281,300, the current approved amount is $281,300. The loan was approved on 02/18/2021 by The Comerica Bank reported 22 jobs and $281,300 was used to fund payroll.

Welz tool machine & boring co. inc. is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Welz tool machine & boring co. inc.

WELZ TOOL MACHINE & BORING CO. INC.

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WELZ TOOL MACHINE & BORING CO. INC.

Borrower Address

11952 Hubbard St

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1733

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281300.00

Current Approval Amount

281300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1733

CD

MI-12

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

281299.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

283558.21

Forgiveness Date

12/09/2021

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