Walco Electric Company

$895,500 PPP Loan in Providence, Rhode Island

Loan Details

Loan Number
6177387006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$895,500
Current Approval
$895,500
Forgiveness Amount
$904,206
Forgiveness Date
Apr 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Walco Electric Company
Address
303 Allens Ave
ZIP Code
02905-5006
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$17.8M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$895,500

Lender Information

Servicing Lender
The Washington Trust Company of Westerly
Originating Lender
The Washington Trust Company of Westerly

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