Modern Welding Company, Inc.

$5,823,195 PPP Loan in Owensboro, Kentucky

Loan Details

Loan Number
6569997000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$5,823,195
Current Approval
$5,823,195
Forgiveness Amount
$5,891,319
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Welding Company, Inc.
Address
2880 New Hartford Rd
ZIP Code
42303-1321
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
419
Estimated Revenue
$109.7M
Rural/Urban
Urban
Congressional District
KY-02

Loan Use Breakdown

Payroll
$5,823,195

Lender Information

Servicing Lender
Independence Bank of Kentucky
Originating Lender
Independence Bank of Kentucky

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