PPP Loan information for Weldy-lamont associates inc.

$226,688

Weldy-lamont associates inc. was initially approved for PPP Loan of amount $226,687, the current approved amount is $226,688. The loan was approved on 02/22/2021 by The Old National Bank reported 9 jobs and $226,688 was used to fund payroll.

Weldy-lamont associates inc. is Existing or more than 2 years old

WELDY-LAMONT ASSOCIATES INC.

Date Approved

02/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

WELDY-LAMONT ASSOCIATES INC.

Borrower Address

1040 W Northwest Hwy

Borrower City

Mount Prospect

Borrower State

IL

Borrower Zip

60056-2317

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226687.00

Current Approval Amount

226687.50

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

Mount Prospect

Project County Name

COOK

Project State

IL

Project Zip

60056-2317

CD

IL-05

Jobs Reported

9

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

226682.50

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

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229508.50

Forgiveness Date

05/18/2022

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