Stanco Welder and Machinery Company

$166,665 PPP Loan in Des Plaines, Illinois

Loan Details

Loan Number
1209977804
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$166,665
Current Approval
$166,665
Forgiveness Amount
$135,280
Forgiveness Date
Jan 18, 2023
Term
24 months
Draw
First Draw

Business Information

Business Name
Stanco Welder and Machinery Company
Address
500 E Touhy Ave
ZIP Code
60018
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$166,665

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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