BAMA WELD SHOP (IN) - 2020 PPP Loan Borrower Profile (# 6128707108)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BAMA WELD SHOP. 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
6128707108
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$17,100
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$17,245.35
Date Loan was Forgiven
Feb 17, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,100
Payroll Proced
15,800
Rent Proceed
200
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
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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