PPP Loan information for Gehrke welding, llc dba

$161,700

Gehrke welding, llc dba was initially approved for PPP Loan of amount $136,900, the current approved amount is $161,700. The loan was approved on 04/06/2020 by The Magnifi Financial CU reported 15 jobs and $161,700 was used to fund payroll.

Gehrke welding, llc dba is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / Gehrke welding, llc dba

GEHRKE WELDING, LLC DBA

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GEHRKE WELDING, LLC DBA

Borrower Address

502 MINNIE ST

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-1523

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136900.00

Current Approval Amount

161700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-1523

CD

MN-07

Jobs Reported

15

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4700.00

Payroll Proceed

135000.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163139.79

Forgiveness Date

03/05/2021

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