Welch Systems, Inc.
$563,400 PPP Loan in Peoria, Illinois
Loan Details
- Loan Number
- 8799337006
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $563,400
- Current Approval
- $563,400
- Forgiveness Amount
- $566,546
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Welch Systems, Inc.
- Address
- 7206 N Terra Vista Dr
- City
- Peoria
- State
- Illinois
- ZIP Code
- 61614-1352
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423440)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 37
- Estimated Revenue
- $11.3M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $563,400
Lender Information
- Servicing Lender
- Morton Community Bank
- Originating Lender
- Morton Community Bank
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