PPP borrower record

WELCH VILLAGE SKI AREA, INC. PPP loan record

Public SBA PPP loan record for WELCH VILLAGE SKI AREA, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$189,000
Approved amount
$190,554
Forgiven amount
2020-04-07
Date approved

Borrower and loan details

Borrower
WELCH VILLAGE SKI AREA, INC.
Loan number
6980597009
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Welch
Borrower state
Minnesota
Borrower ZIP
55089
Jobs reported
11
Loan status
Paid in Full
Forgiveness date
2021-02-04
Servicing lender
Vermillion State Bank
Originating lender
Vermillion State Bank

Reported use of proceeds

Payroll
$110,000
Rent
N/A
Utilities
$30,000
Mortgage interest
N/A
Health care
$32,000
Debt interest
$17,000

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.