PPP Loan information for R & w welding & machine, inc.

$165,600

R & w welding & machine, inc. was initially approved for PPP Loan of amount $165,600, the current approved amount is $165,600. The loan was approved on 04/30/2020 by The Premier Bank reported 13 jobs and $165,600 was used to fund payroll.

R & w welding & machine, inc. is Existing or more than 2 years old

R & W WELDING & MACHINE, INC.

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R & W WELDING & MACHINE, INC.

Borrower Address

417 COUNTY ROAD 81

Borrower City

OSSEO

Borrower State

MN

Borrower Zip

55369-1647

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165600.00

Current Approval Amount

165600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

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

55369-1647

CD

MN-03

Jobs Reported

13

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165600.00

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

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

166777.60

Forgiveness Date

01/20/2021

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