PPP Loan information for 81 welding inc.

$16,957

81 welding inc. was initially approved for PPP Loan of amount $16,957, the current approved amount is $16,957. The loan was approved on 02/12/2021 by The Dacotah Bank reported 2 jobs and $16,957 was used to fund payroll.

81 welding inc. is Existing or more than 2 years old

81 WELDING INC.

Date Approved

02/12/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

81 WELDING INC.

Borrower Address

770 N Lake Dr

Borrower City

Watertown

Borrower State

SD

Borrower Zip

57201-5518

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16957.00

Current Approval Amount

16957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

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

57201-5518

CD

SD-

Jobs Reported

2

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16954.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17050.73

Forgiveness Date

09/07/2021

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