PPP Loan information for Westell, inc.

$1,637,522

Westell, inc. was initially approved for PPP Loan of amount $1,637,522, the current approved amount is $1,637,522. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 95 jobs and $1,637,522 was used to fund payroll.

Westell, inc. is Existing or more than 2 years old

WESTELL, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WESTELL, INC.

Borrower Address

750 N Commons Dr. 0.0

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60504-7940

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1637522.00

Current Approval Amount

1637522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

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

DUPAGE

Project State

IL

Project Zip

60504-7940

CD

IL-11

Jobs Reported

95

NAICS Code

334210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43390.00

Payroll Proceed

1242043.00

Mortgage Interest Proceed

0.00

Rent Proceed

176048.00

Refinance EIDL Proceed

0.00

Health Care Proceed

176041.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1652321.56

Forgiveness Date

03/15/2021

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