PPP Loan information for B&g welding

$788,200

B&g welding was initially approved for PPP Loan of amount $788,200, the current approved amount is $788,200. The loan was approved on 04/03/2020 by The Reliabank Dakota reported 71 jobs and $788,200 was used to fund payroll.

B&g welding is Existing or more than 2 years old

PPP Loan Search / SD / WATERTOWN / B&g welding

B&G WELDING

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

B&G WELDING

Borrower Address

2925 9th Ave. SW

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-7258

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

788200.00

Current Approval Amount

788200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66512

Servicing Lender Name

Reliabank Dakota

Servicing Lender Address

211 N Main St

Servicing Lender City

ESTELLINE

Servicing Lender State

SD

Servicing Lender Zip

57234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-7258

CD

SD-

Jobs Reported

71

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

78740.00

Payroll Proceed

630720.00

Mortgage Interest Proceed

0.00

Rent Proceed

78740.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66512

Originating Lender

Reliabank Dakota

Originating Lender City

ESTELLINE

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

794855.91

Forgiveness Date

02/09/2021

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