Osborne Welding, INC
$385,400 PPP Loan in Portsmouth, Virginia
Loan Details
- Loan Number
- 8980137010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $385,400
- Current Approval
- $385,400
- Forgiveness Amount
- $388,772
- Forgiveness Date
- Feb 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Osborne Welding, INC
- Address
- 9 Beechwood Court
- City
- Portsmouth
- State
- Virginia
- ZIP Code
- 23702-2313
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $8.2M
- Rural/Urban
- Urban
- Congressional District
- VA-03
Loan Use Breakdown
- Payroll
- $313,794
- Rent
- $21,666
- Utilities
- $6,987
- Health Care
- $35,553
- Debt Interest
- $7,400
Lender Information
- Servicing Lender
- Blue Ridge Bank, National Association
- Originating Lender
- Blue Ridge Bank National Association
Other PPP Loans in Portsmouth, VA
| Business | Approved | |
|---|---|---|
| Venture Dynamics Enterprises, Inc. | $4,589,400 | |
| Western Branch Diesel, LLC | $3,875,350 | |
| Crofton Diving Corporation | $2,600,700 | |
| Johnson & Towers, LLC | $2,188,705 | |
| Fairlead Integrated LLC | $1,613,400 |
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