PPP borrower record

MODERN WELDING COMPANY, INC. PPP loan record

Public SBA PPP loan record for MODERN WELDING COMPANY, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$5,823,195
Approved amount
$5,891,319
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
MODERN WELDING COMPANY, INC.
Loan number
6569997000
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Owensboro
Borrower state
Kentucky
Borrower ZIP
42303
Jobs reported
419
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Independence Bank of Kentucky
Originating lender
Independence Bank of Kentucky

Reported use of proceeds

Payroll
$5,823,195
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.