Goetsch's Welding and Machine, Inc.

$808,700 PPP Loan in Merrill, Wisconsin

Loan Details

Loan Number
4396827008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$808,700
Current Approval
$808,700
Forgiveness Amount
$814,383
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Goetsch's Welding and Machine, Inc.
Address
9480 S. County Rd K
ZIP Code
54452-7728
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$15.4M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$664,000
Utilities
$15,800
Health Care
$111,100
Mortgage Interest
$11,200
Debt Interest
$6,600

Lender Information

Servicing Lender
Peoples State Bank
Originating Lender
Peoples State Bank

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