PPP Loan information for Adam wels

$24,352

Adam wels was initially approved for PPP Loan of amount $24,352, the current approved amount is $24,352. The loan was approved on 03/25/2021 by The Frandsen Bank & Trust reported 4 jobs and $24,352 was used to fund payroll.

Adam wels is Existing or more than 2 years old

PPP Loan Search / MN / New Ulm / Adam wels

ADAM WELS

Date Approved

03/25/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADAM WELS

Borrower Address

56997 412th St

Borrower City

New Ulm

Borrower State

MN

Borrower Zip

56073-4540

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24352.00

Current Approval Amount

24352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Ulm

Project County Name

NICOLLET

Project State

MN

Project Zip

56073-4540

CD

MN-01

Jobs Reported

4

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24348.00

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

Sole Proprietorship

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24444.74

Forgiveness Date

08/20/2021

;