PPP Loan information for Wells & wells construction co

$610,100

Wells & wells construction co was initially approved for PPP Loan of amount $1,438,700, the current approved amount is $610,100. The loan was approved on 04/04/2020 by The Busey Bank reported 38 jobs and $610,100 was used to fund payroll.

Wells & wells construction co is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Wells & wells construction co

WELLS & WELLS CONSTRUCTION CO

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WELLS & WELLS CONSTRUCTION CO

Borrower Address

612 N Walnut

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820-3611

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1438700.00

Current Approval Amount

610100.00

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

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-3611

CD

IL-13

Jobs Reported

38

NAICS Code

212321

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

457575.00

Mortgage Interest Proceed

0.00

Rent Proceed

152525.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

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

613209.00

Forgiveness Date

11/03/2020

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