Welding Industrial Supply Company

$1,059,272 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
6643377110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,059,272
Current Approval
$1,059,272
Forgiveness Amount
$1,072,017
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Welding Industrial Supply Company
Address
2200 No Western Ave 0.0
ZIP Code
60647-3123
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$19.9M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$901,642
Rent
$22,666
Utilities
$6,914
Health Care
$121,968
Debt Interest
$6,082

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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