Broadway Welding, INC
$561,900 PPP Loan in Detroit Lakes, Minnesota
Loan Details
- Loan Number
- 4670347010
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $561,900
- Current Approval
- $561,900
- Forgiveness Amount
- $566,333
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Broadway Welding, INC
- Address
- 1090 Legion Rd
- City
- Detroit Lakes
- State
- Minnesota
- ZIP Code
- 56501-4344
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333992)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 49
- Estimated Revenue
- $12.8M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $471,900
- Rent
- $32,000
- Utilities
- $32,000
- Debt Interest
- $26,000
Lender Information
- Servicing Lender
- The First National Bank of Henning
- Originating Lender
- The First National Bank of Henning
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