Paul's Welding, Inc.
$734,000 PPP Loan in Nappanee, Indiana
Loan Details
- Loan Number
- 7281717003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $734,000
- Current Approval
- $734,000
- Forgiveness Amount
- $740,810
- Forgiveness Date
- Mar 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Paul's Welding, Inc.
- Address
- 7930 W 1000 N
- City
- Nappanee
- State
- Indiana
- ZIP Code
- 46550-8795
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 69
- Estimated Revenue
- $14.8M
- Rural/Urban
- Rural
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $717,200
- Utilities
- $16,800
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
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