W G Welch Mechanical Contractors LLC

$784,575 PPP Loan in Frederick, Maryland

Loan Details

Loan Number
9365367110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$784,575
Current Approval
$784,575
Forgiveness Amount
$792,507
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
W G Welch Mechanical Contractors LLC
Address
260 Interstate Court
ZIP Code
21704
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$13.3M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$709,301
Rent
$20,597
Utilities
$2,672
Health Care
$51,092
Debt Interest
$913

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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