PPP Loan information for Preferred welding inc.

$56,982

Preferred welding inc. was initially approved for PPP Loan of amount $20,000, the current approved amount is $56,982. The loan was approved on 01/26/2021 by The SPIRE CU reported 5 jobs and $56,982 was used to fund payroll.

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

PREFERRED WELDING INC.

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PREFERRED WELDING INC.

Borrower Address

19390 COUNTY ROAD 81

Borrower City

OSSEO

Borrower State

MN

Borrower Zip

55369-0187

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

56982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99902

Servicing Lender Name

SPIRE CU

Servicing Lender Address

2025 Larpenteur Ave W

Servicing Lender City

FALCON HEIGHTS

Servicing Lender State

MN

Servicing Lender Zip

55113-5512

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSSEO

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369

CD

MN-03

Jobs Reported

5

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56982.00

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

99902

Originating Lender

SPIRE CU

Originating Lender City

FALCON HEIGHTS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57189.35

Forgiveness Date

06/15/2021

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