BAER WELDING, INC. (UT) - 2020 PPP Loan Borrower Profile (# 4497237007)

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

4497237007

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$234,000

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$235,800.5

Date Loan was Forgiven

Jan 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,750

Payroll Proced

220,050

Rent Proceed

10,200

Lender

Cache Valley Bank

Business Detail

Business Type

Corporation

NAICS

332313

Borrower Location

PROVIDENCE, UT

Project Location

PROVIDENCE, UT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.