Gehrke Welding, LLC DBA

$136,900 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
6413817007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$136,900
Current Approval
$161,700
Forgiveness Amount
$163,140
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gehrke Welding, LLC DBA
Address
502 Minnie St
ZIP Code
56362-1523
Business Type
Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$135,000
Rent
$22,000
Utilities
$4,700

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

Other PPP Loans in Paynesville, MN

BusinessApproved
Highline Construction Inc.$1,079,698NewBizBotAI Deep Dive
Avon Plastics Inc.$971,922NewBizBotAI Deep Dive
Avon Plastics, INC$971,900NewBizBotAI Deep Dive
Voss Plumbing & Heating of Paynesville INC$850,000NewBizBotAI Deep Dive
Louis Industries INC$738,047NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free