PPP Loan information for Wal-tek inc.

$352,093

Wal-tek inc. was initially approved for PPP Loan of amount $352,092, the current approved amount is $352,093. The loan was approved on 02/17/2021 by The Old National Bank reported 28 jobs and $352,093 was used to fund payroll.

Wal-tek inc. is Existing or more than 2 years old

WAL-TEK INC.

Date Approved

02/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

WAL-TEK INC.

Borrower Address

6333 W Gross Point Rd

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-3915

Loan Status Date

03/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

352092.00

Current Approval Amount

352092.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-3915

CD

IL-09

Jobs Reported

28

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

352089.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

355789.47

Forgiveness Date

03/07/2022

;