PPP Loan information for Minot welding, inc.

$20,000

Minot welding, inc. was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/06/2020 by The Dacotah Bank reported 2 jobs and $20,000 was used to fund payroll.

Minot welding, inc. is Existing or more than 2 years old

PPP Loan Search / ND / MINOT / Minot welding, inc.

MINOT WELDING, INC.

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MINOT WELDING, INC.

Borrower Address

400 4TH AVE

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58703-3216

Loan Status Date

12/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

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

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58703-3216

CD

ND-

Jobs Reported

2

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

17500.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

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

20116.67

Forgiveness Date

11/12/2020

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