PPP Loan information for Bemidji welders supply, inc

$201,800

Bemidji welders supply, inc was initially approved for PPP Loan of amount $201,800, the current approved amount is $201,800. The loan was approved on 04/10/2020 by The Deerwood Bank reported 18 jobs and $201,800 was used to fund payroll.

Bemidji welders supply, inc is Existing or more than 2 years old

BEMIDJI WELDERS SUPPLY, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEMIDJI WELDERS SUPPLY, INC

Borrower Address

3416 Bemidji Ave N

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201800.00

Current Approval Amount

201800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-0001

CD

MN-08

Jobs Reported

18

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

178100.00

Mortgage Interest Proceed

0.00

Rent Proceed

8700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203391.98

Forgiveness Date

01/20/2021

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