Weldon Steel Corporation

$652,200 PPP Loan in Weldon, North Carolina

Loan Details

Loan Number
9334547004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$652,200
Current Approval
$652,200
Forgiveness Amount
$658,829
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Weldon Steel Corporation
Address
101 Kennametal Dr
City
Weldon
ZIP Code
27890-1175
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238130)
Business Age
New Business or 2 years or less
Jobs Reported
62
Estimated Revenue
$14.3M
Rural/Urban
Rural
Congressional District
NC-01

Loan Use Breakdown

Payroll
$652,200

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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