PPP Loan information for Larson welding & machine co, inc

$132,100

Larson welding & machine co, inc was initially approved for PPP Loan of amount $132,100, the current approved amount is $132,100. The loan was approved on 04/15/2020 by The Alerus Financial, National Association reported 12 jobs and $132,100 was used to fund payroll.

Larson welding & machine co, inc is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Larson welding & machine co, inc

LARSON WELDING & MACHINE CO, INC

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LARSON WELDING & MACHINE CO, INC

Borrower Address

2610 1ST AVE

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-4008

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132100.00

Current Approval Amount

132100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-4008

CD

ND-

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33025.00

Payroll Proceed

99075.00

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

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133057.73

Forgiveness Date

01/07/2021

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