B&g Welding

$788,200 PPP Loan in Watertown, South Dakota

Loan Details

Loan Number
4529287006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$788,200
Current Approval
$788,200
Forgiveness Amount
$794,856
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B&g Welding
Address
2925 9th Ave. SW
ZIP Code
57201-7258
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$630,720
Rent
$78,740
Utilities
$78,740

Lender Information

Servicing Lender
Reliabank Dakota
Originating Lender
Reliabank Dakota

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