PPP Loan information for Welarco fabrications, inc.

$179,700

Welarco fabrications, inc. was initially approved for PPP Loan of amount $179,700, the current approved amount is $179,700. The loan was approved on 04/09/2020 by The Morton Community Bank reported 13 jobs and $179,700 was used to fund payroll.

Welarco fabrications, inc. is Existing or more than 2 years old

PPP Loan Search / IL / PEORIA / Welarco fabrications, inc.

WELARCO FABRICATIONS, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WELARCO FABRICATIONS, INC.

Borrower Address

7400 W PLANK ROAD

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61604-5257

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179700.00

Current Approval Amount

179700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61604-5257

CD

IL-17

Jobs Reported

13

NAICS Code

333131

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

179700.00

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

Corporation

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

182066.05

Forgiveness Date

08/05/2021

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