In & Out Welders Incorporated

$291,000 PPP Loan in Lincoln, Alabama

Loan Details

Loan Number
5094327805
Date Approved
May 29, 2020
Loan Status
Paid in Full
Initial Approval
$291,000
Current Approval
$291,000
Forgiveness Amount
$293,009
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
In & Out Welders Incorporated
Address
568 Mccaig Rd
State
Alabama
ZIP Code
35096-4855
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332111)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$11.7M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$264,800
Utilities
$24,300
Health Care
$1,900

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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