PPP Loan information for Welding company of america

$778,372

Welding company of america was initially approved for PPP Loan of amount $778,372, the current approved amount is $778,372. The loan was approved on 02/22/2021 by The Old National Bank reported 46 jobs and $778,372 was used to fund payroll.

Welding company of america is Existing or more than 2 years old

PPP Loan Search / IL / Aurora / Welding company of america

WELDING COMPANY OF AMERICA

Date Approved

02/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

WELDING COMPANY OF AMERICA

Borrower Address

335 E Sullivan Rd

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60505-9762

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

778372.00

Current Approval Amount

778372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

KANE

Project State

IL

Project Zip

60505-9762

CD

IL-11

Jobs Reported

46

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

778369.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

782004.40

Forgiveness Date

08/11/2021

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