Welch Excavation and Utility Company, INC

$968,878 PPP Loan in Winona, Texas

Loan Details

Loan Number
4074087106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$968,878
Current Approval
$968,878
Forgiveness Amount
$976,359
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Welch Excavation and Utility Company, INC
Address
17190 Interstate 20 E
City
Winona
State
Texas
ZIP Code
75792
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238190)
Business Age
New Business or 2 years or less
Jobs Reported
85
Estimated Revenue
$19.7M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$968,878

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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