Jones Welding Company, Inc.

$435,600 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
7549417009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$435,600
Current Approval
$435,600
Forgiveness Amount
$439,049
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jones Welding Company, Inc.
Address
1926 Telegraph Rd
City
Mobile
State
Alabama
ZIP Code
36610-4142
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$11.7M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$326,700
Rent
$21,780
Utilities
$21,780
Health Care
$21,780
Mortgage Interest
$21,780
Debt Interest
$21,780

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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