Young Welding Supply Inc.

$423,757 PPP Loan in Sheffield, Alabama

Loan Details

Loan Number
2863138304
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$423,757
Current Approval
$423,757
Forgiveness Amount
$425,640
Forgiveness Date
Jul 2, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Young Welding Supply Inc.
Address
101 E 1st St
State
Alabama
ZIP Code
35660-3029
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$423,753
Utilities
$1

Lender Information

Servicing Lender
Merit Bank
Originating Lender
Merit Bank

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