Farmweld INC

$494,045 PPP Loan in Teutopolis, Illinois

Loan Details

Loan Number
3463798505
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$494,045
Current Approval
$494,045
Forgiveness Amount
$496,776
Forgiveness Date
Sep 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Farmweld INC
Address
605 E Main St
ZIP Code
62467-1357
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$494,043
Utilities
$1

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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