Welch and Rushe, INC

$3,823,200 PPP Loan in Upper Marlboro, Maryland

Loan Details

Loan Number
1037477102
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$3,823,200
Current Approval
$3,823,200
Forgiveness Amount
$3,867,379
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Welch and Rushe, INC
Address
391 Prince Georges Blvd
ZIP Code
20774-7410
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
170
Estimated Revenue
$53.8M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$3,823,200

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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