PPP Loan information for Reid's welding & custom manufacturing inc

$39,237

Reid's welding & custom manufacturing inc was initially approved for PPP Loan of amount $39,237, the current approved amount is $39,237. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 7 jobs and $39,237 was used to fund payroll.

Reid's welding & custom manufacturing inc is New Business or 2 years or less

REID'S WELDING & CUSTOM MANUFACTURING INC

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REID'S WELDING & CUSTOM MANUFACTURING INC

Borrower Address

905 13th St North

Borrower City

Benson

Borrower State

MN

Borrower Zip

56215

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39237.00

Current Approval Amount

39237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Benson

Project County Name

SWIFT

Project State

MN

Project Zip

56215-0001

CD

MN-07

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39237.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39615.20

Forgiveness Date

04/26/2021

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