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
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

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