Weltsch Equipment INC

$130,500 PPP Loan in Redwood Falls, Minnesota

Loan Details

Loan Number
7717237003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$130,500
Current Approval
$230,500
Forgiveness Amount
$232,312
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Weltsch Equipment INC
Address
1615 East Bridge St
ZIP Code
56283-1934
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$230,500

Lender Information

Servicing Lender
Hometown Bank
Originating Lender
Hometown Bank

Other PPP Loans in Redwood Falls, MN

BusinessApproved
Farmers, Union Industries, LLC$7,058,600NewBizBotAI Deep Dive
Northstar Systembuilt LLC$943,978NewBizBotAI Deep Dive
Northstar Systembuilt LLC$785,500NewBizBotAI Deep Dive
Weelborg Ford$389,700NewBizBotAI Deep Dive
Rio Ranch Supply INC$343,300NewBizBotAI Deep Dive

Want to research this company further?