Welsh Construction, LLC

$422,300 PPP Loan in Hopkins, Minnesota

Loan Details

Loan Number
5159717000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$422,300
Current Approval
$422,300
Forgiveness Amount
$425,127
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Welsh Construction, LLC
Address
4350 Baker Rd
ZIP Code
55343-8609
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$30.8M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$373,172
Rent
$34,889
Utilities
$2,400
Mortgage Interest
$11,839

Lender Information

Servicing Lender
Scale Bank
Originating Lender
Scale Bank

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