Walch Electric, Inc.
$56,446 PPP Loan in Raymond, Illinois
Loan Details
- Loan Number
- 6344737100
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $56,446
- Current Approval
- $56,446
- Forgiveness Amount
- $56,856
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Walch Electric, Inc.
- Address
- 309 E. Broad Street P. O. Box 289
- City
- Raymond
- State
- Illinois
- ZIP Code
- 62560
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 4
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IL-15
Loan Use Breakdown
- Payroll
- $50,446
- Rent
- $5,000
- Utilities
- $1,000
Lender Information
- Servicing Lender
- The First National Bank of Raymond
- Originating Lender
- The First National Bank of Raymond
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