BAER WELDING INC (UT) - 2020 PPP Loan Borrower Profile (# 2412138305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAER WELDING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Utah.

Loan Detail

Loan Number
2412138305
SBA Office Code
0883
Processing Method
PPS
Curent Loan Amount
$234,000
Date Loan was Approved
Jan 20, 2021
Amount Forgiven
$236,405
Date Loan was Forgiven
Feb 3, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
233,996
Lender
Cache Valley Bank

Business Detail

Business Type
Corporation
NAICS
332323
Borrower Location
Providence, UT
Project Location
Providence, UT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
20
Business Age Description
Existing or more than 2 years old
Data Source: SBA.