Microweld Technologies INC

$115,100 PPP Loan in Springfield, Kentucky

Loan Details

Loan Number
8733657005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$115,100
Current Approval
$115,100
Forgiveness Amount
$115,887
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Microweld Technologies INC
Address
874 Bloomfield Rd
ZIP Code
40069-8416
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811412)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
KY-01

Loan Use Breakdown

Payroll
$92,080
Utilities
$12,000
Debt Interest
$11,020

Lender Information

Servicing Lender
Springfield State Bank
Originating Lender
Springfield State Bank

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