Industrial Welders & Machinists, Inc.

$570,700 PPP Loan in Duluth, Minnesota

Loan Details

Loan Number
4289737206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$570,700
Current Approval
$570,700
Forgiveness Amount
$574,875
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Welders & Machinists, Inc.
Address
3902 Oneota St
City
Duluth
ZIP Code
55807
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$570,700

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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