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Allans Welding & Machine INC

$41,500 PPP Loan in Olney, Illinois

Loan Details

Loan Number
9896497004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$41,500
Current Approval
$41,500
Forgiveness Amount
$41,724
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Allans Welding & Machine INC
Address
3815 E Il 250
City
Olney
State
Illinois
ZIP Code
62450-4546
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$27,966
Rent
$7,350
Utilities
$594
Health Care
$3,590
Mortgage Interest
$2,000

Lender Information

Servicing Lender
Trustbank
Originating Lender
Trustbank

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