Ramsey Welding INC

$590,900 PPP Loan in Altamont, Illinois

Loan Details

Loan Number
5336237000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$590,900
Current Approval
$590,900
Forgiveness Amount
$594,511
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ramsey Welding INC
Address
5360 E 900th Ave
ZIP Code
62411-2446
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$443,175
Utilities
$147,725

Lender Information

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

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