PPP Loan information for Welsh construction llc

$486,400

Welsh construction llc was initially approved for PPP Loan of amount $486,400, the current approved amount is $486,400. The loan was approved on 01/20/2021 by The MidCountry Bank reported 27 jobs and $486,400 was used to fund payroll.

Welsh construction llc is Existing or more than 2 years old

PPP Loan Search / MN / Minnetonka / Welsh construction llc

WELSH CONSTRUCTION LLC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WELSH CONSTRUCTION LLC

Borrower Address

10901 Bren Rd E

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55343-9613

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

486400.00

Current Approval Amount

486400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-9613

CD

MN-03

Jobs Reported

27

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

486398.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

490651.00

Forgiveness Date

12/14/2021

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