BAMA WELD SHOP LLC (IN) - 2020 PPP Loan Borrower Profile (# 5086268502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAMA WELD SHOP LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

5086268502

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$19,500

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$19,587.75

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

19,500

Lender

Citizens State Bank of New Castle

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

333992

Borrower Location

Anderson, IN

Project Location

Anderson, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.