Welch and Rushe INC

$2,000,000 PPP Loan in Upper Marlboro, Maryland

Loan Details

Loan Number
9187518502
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,013,556
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Welch and Rushe INC
Address
391 Prince Georges Blvd
ZIP Code
20774-7410
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$47.5M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$1,999,999

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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