PPP Loan information for Baer welding inc

$234,000

Baer welding inc was initially approved for PPP Loan of amount $234,000, the current approved amount is $234,000. The loan was approved on 01/20/2021 by The Cache Valley Bank reported 20 jobs and $234,000 was used to fund payroll.

Baer welding inc is Existing or more than 2 years old

BAER WELDING INC

Date Approved

01/20/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

BAER WELDING INC

Borrower Address

107 N 100 W

Borrower City

Providence

Borrower State

UT

Borrower Zip

84332-9603

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

234000.00

Current Approval Amount

234000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

CACHE

Project State

UT

Project Zip

84332-9603

CD

UT-01

Jobs Reported

20

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

233996.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236405.00

Forgiveness Date

02/03/2022

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