Holverson Welding and Machine, LLC

$252,400 PPP Loan in Moorhead, Iowa

Loan Details

Loan Number
3238457102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$252,400
Current Approval
$252,400
Forgiveness Amount
$254,080
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Holverson Welding and Machine, LLC
Address
100 1st St
State
Iowa
ZIP Code
51558-3042
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238190)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$247,635
Utilities
$2,500
Mortgage Interest
$2,265

Lender Information

Servicing Lender
United Bank of Iowa
Originating Lender
United Bank of Iowa

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