PPP Loan information for A & b welding & construction, inc.

$1,573,000

A & b welding & construction, inc. was initially approved for PPP Loan of amount $1,654,100, the current approved amount is $1,573,000. The loan was approved on 04/04/2020 by The Pine River State Bank reported 52 jobs and $1,573,000 was used to fund payroll.

A & b welding & construction, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / A & b welding & construction, inc.

A & B WELDING & CONSTRUCTION, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

A & B WELDING & CONSTRUCTION, INC.

Borrower Address

8021 199TH AVE NW

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-5309

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1654100.00

Current Approval Amount

1573000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38751

Servicing Lender Name

Pine River State Bank

Servicing Lender Address

103 Mill St S

Servicing Lender City

PINE RIVER

Servicing Lender State

MN

Servicing Lender Zip

56474-4006

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-5309

CD

MN-06

Jobs Reported

52

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1573000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38751

Originating Lender

Pine River State Bank

Originating Lender City

PINE RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1499300.25

Forgiveness Date

06/11/2021

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