Welsh Construction Incorporated
$224,500 PPP Loan in Lexington, Virginia
Loan Details
- Loan Number
- 5998317010
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $224,500
- Current Approval
- $224,500
- Forgiveness Amount
- $225,706
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Welsh Construction Incorporated
- Address
- 15 N. Randolph St
- City
- Lexington
- State
- Virginia
- ZIP Code
- 24450-2507
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236115)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $6.7M
- Rural/Urban
- Urban
- Congressional District
- VA-06
Loan Use Breakdown
- Payroll
- $214,000
- Rent
- $7,500
- Utilities
- $3,000
Lender Information
- Servicing Lender
- Cornerstone Bank
- Originating Lender
- Cornerstone Bank
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