PPP borrower record

WALCH ELECTRIC INC. PPP loan record

Public SBA PPP loan record for WALCH ELECTRIC INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$56,446
Approved amount
N/A
Forgiven amount
2021-02-12
Date approved

Borrower and loan details

Borrower
WALCH ELECTRIC INC.
Loan number
7454968406
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Raymond
Borrower state
Illinois
Borrower ZIP
62560
Jobs reported
5
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
The First National Bank of Raymond
Originating lender
The First National Bank of Raymond

Reported use of proceeds

Payroll
$56,446
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.