Welch Motor Company

$341,000 PPP Loan in Pine Bluff, Arkansas

Loan Details

Loan Number
5335637000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$341,000
Current Approval
$341,000
Forgiveness Amount
$345,300
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Welch Motor Company
Address
2505 Olive St
ZIP Code
71601-7854
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$341,000

Lender Information

Servicing Lender
Relyance Bank
Originating Lender
Relyance Bank

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