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Industrial Welding Supply, INC

$491,330 PPP Loan in Salem, Oregon

Loan Details

Loan Number
8999897004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$491,330
Current Approval
$491,330
Forgiveness Amount
$496,943
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Welding Supply, INC
Address
1995 Commercial St NE
City
Salem
State
Oregon
ZIP Code
97301-0710
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$15.0M
Rural/Urban
Urban
Congressional District
OR-06

Loan Use Breakdown

Payroll
$441,820
Rent
$16,090
Utilities
$33,420

Lender Information

Servicing Lender
Peoples Bank of Commerce
Originating Lender
Peoples Bank of Commerce

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