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Walter Tool & Mfg. Inc.

$76,300 PPP Loan in Elgin, Illinois

Loan Details

Loan Number
8788157103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$76,300
Current Approval
$76,300
Forgiveness Amount
$77,351
Forgiveness Date
Aug 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Walter Tool & Mfg. Inc.
Address
1535 Commerce Dr
City
Elgin
State
Illinois
ZIP Code
60123
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$57,225
Rent
$11,445
Utilities
$7,630

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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