Wesco Gas & Welding Supply, INC

$1,476,700 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
7890177002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,476,700
Current Approval
$1,476,700
Forgiveness Amount
$1,489,662
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wesco Gas & Welding Supply, INC
Address
940 Dr Martin L King Jr Dr
City
Mobile
State
Alabama
ZIP Code
36610-4866
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532412)
Business Age
Existing or more than 2 years old
Jobs Reported
127
Estimated Revenue
$57.4M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$1,281,908
Rent
$55,040
Utilities
$26,846
Health Care
$112,906

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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