Wells Plumbing and Heating Supplies, Inc.

$1,100,000 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
5073457004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,100,000
Current Approval
$1,016,500
Forgiveness Amount
$1,025,356
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wells Plumbing and Heating Supplies, Inc.
Address
916 W 21st Street
ZIP Code
60608
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Unanswered
Jobs Reported
78
Estimated Revenue
$23.9M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$762,375
Rent
$254,125

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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