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Weldstar Company

$1,358,300 PPP Loan in Aurora, Illinois

Loan Details

Loan Number
4417097003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,358,300
Current Approval
$1,358,300
Forgiveness Amount
$1,372,902
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Weldstar Company
Address
1750 Mitchell Rd
City
Aurora
State
Illinois
ZIP Code
60505-9578
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$29.1M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$1,139,506
Rent
$193,516
Utilities
$25,278

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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