PPP Loan information for Welsh construction, llc

$422,300

Welsh construction, llc was initially approved for PPP Loan of amount $422,300, the current approved amount is $422,300. The loan was approved on 04/05/2020 by The Fidelity Bank reported 27 jobs and $422,300 was used to fund payroll.

Welsh construction, llc is Existing or more than 2 years old

WELSH CONSTRUCTION, LLC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WELSH CONSTRUCTION, LLC

Borrower Address

4350 BAKER RD

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-8609

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422300.00

Current Approval Amount

422300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-8609

CD

MN-03

Jobs Reported

27

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2400.00

Payroll Proceed

373172.00

Mortgage Interest Proceed

11839.00

Rent Proceed

34889.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

425127.06

Forgiveness Date

12/14/2020

;