PPP Loan information for Wmc inc - wac1469

$694,465

Wmc inc - wac1469 was initially approved for PPP Loan of amount $694,465, the current approved amount is $694,465. The loan was approved on 02/13/2021 by The Busey Bank reported 56 jobs and $694,465 was used to fund payroll.

Wmc inc - wac1469 is Existing or more than 2 years old

WMC INC - WAC1469

Date Approved

02/13/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

WMC INC - WAC1469

Borrower Address

11721 S Austin Ave

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-6002

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

694465.00

Current Approval Amount

694465.00

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

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-6002

CD

IL-06

Jobs Reported

56

NAICS Code

238990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

694465.00

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

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

703369.37

Forgiveness Date

06/01/2022

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