PPP Loan information for Wadena machining & welding llc

$24,500

Wadena machining & welding llc was initially approved for PPP Loan of amount $24,500, the current approved amount is $24,500. The loan was approved on 03/17/2021 by The Wadena State Bank reported 3 jobs and $24,500 was used to fund payroll.

Wadena machining & welding llc is Existing or more than 2 years old

WADENA MACHINING & WELDING LLC

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WADENA MACHINING & WELDING LLC

Borrower Address

222 Ash Ave NE

Borrower City

Wadena

Borrower State

MN

Borrower Zip

56482-1343

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24500.00

Current Approval Amount

24500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wadena

Project County Name

WADENA

Project State

MN

Project Zip

56482-1343

CD

MN-07

Jobs Reported

3

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24498.00

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

Sole Proprietorship

Originating Lender Location Id

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24567.38

Forgiveness Date

06/28/2021

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