PPP Loan information for Walco tool & engineering corporation

$1,079,600

Walco tool & engineering corporation was initially approved for PPP Loan of amount $1,079,600, the current approved amount is $1,079,600. The loan was approved on 04/13/2020 by The First American Bank reported 86 jobs and $1,079,600 was used to fund payroll.

Walco tool & engineering corporation is Existing or more than 2 years old

PPP Loan Search / IL / ROMEOVILLE / Walco tool & engineering corporation

WALCO TOOL & ENGINEERING CORPORATION

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WALCO TOOL & ENGINEERING CORPORATION

Borrower Address

18954 W Airport Rd

Borrower City

ROMEOVILLE

Borrower State

IL

Borrower Zip

60446-3531

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1079600.00

Current Approval Amount

1079600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROMEOVILLE

Project County Name

WILL

Project State

IL

Project Zip

60446-3531

CD

IL-14

Jobs Reported

86

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1079600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1086797.33

Forgiveness Date

12/17/2020

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