PPP borrower record
WELSH CONSTRUCTION INCORPORATED PPP loan record
Public SBA PPP loan record for WELSH CONSTRUCTION INCORPORATED. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$224,500
Approved amount
$225,706
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
WELSH CONSTRUCTION INCORPORATED
Loan number
5998317010
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Lexington
Borrower state
Virginia
Borrower ZIP
24450
Jobs reported
22
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
Cornerstone Bank, National Association
Originating lender
Cornerstone Bank, National Association
Reported use of proceeds
Payroll
$214,000
Rent
$7,500
Utilities
$3,000
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
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.