PPP Loan information for Wemco, inc

$71,200

Wemco, inc was initially approved for PPP Loan of amount $71,200, the current approved amount is $71,200. The loan was approved on 04/07/2020 by The Busey Bank reported 7 jobs and $71,200 was used to fund payroll.

Wemco, inc is Unanswered

PPP Loan Search / IL / ALSIP / Wemco, inc

WEMCO, INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WEMCO, INC

Borrower Address

11721 South Austin Ave

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-6002

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71200.00

Current Approval Amount

71200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-6002

CD

IL-06

Jobs Reported

7

NAICS Code

238290

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53400.00

Mortgage Interest Proceed

0.00

Rent Proceed

17800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71997.83

Forgiveness Date

06/04/2021

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