PPP Loan information for Gerres welding & manufacturing, llc

$20,800

Gerres welding & manufacturing, llc was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/07/2020 by The First National Bank Minnesota reported 2 jobs and $20,800 was used to fund payroll.

Gerres welding & manufacturing, llc is Existing or more than 2 years old

GERRES WELDING & MANUFACTURING, LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GERRES WELDING & MANUFACTURING, LLC

Borrower Address

25691 MERIDIAN AVE PO BOX 24

Borrower City

BELLE PLAINE

Borrower State

MN

Borrower Zip

56011-0024

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38865

Servicing Lender Name

First National Bank Minnesota

Servicing Lender Address

226 Nassau St

Servicing Lender City

SAINT PETER

Servicing Lender State

MN

Servicing Lender Zip

56082-2056

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLE PLAINE

Project County Name

SCOTT

Project State

MN

Project Zip

56011-0024

CD

MN-02

Jobs Reported

2

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38865

Originating Lender

First National Bank Minnesota

Originating Lender City

SAINT PETER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20954.27

Forgiveness Date

01/07/2021

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