Wells & Wells Construction Co

$1,438,700 PPP Loan in Champaign, Illinois

Loan Details

Loan Number
4701957009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,438,700
Current Approval
$610,100
Forgiveness Amount
$613,209
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wells & Wells Construction Co
Address
612 N Walnut
ZIP Code
61820-3611
Business Type
Sole Proprietorship
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212321)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$457,575
Rent
$152,525

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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