Wertz Welding & Tank Service, Inc.

$1,257,300 PPP Loan in Wood River, Illinois

Loan Details

Loan Number
5530487009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,257,300
Current Approval
$1,257,300
Forgiveness Amount
$1,264,258
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wertz Welding & Tank Service, Inc.
Address
400 N Old St. Louis Road
ZIP Code
62095
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Unanswered
Jobs Reported
90
Estimated Revenue
$19.3M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$942,975
Rent
$314,325

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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