AFFTON FABRICATING & WELDING CO INC (IL) - 2020 PPP Loan Borrower Profile (# 4273058510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFFTON FABRICATING & WELDING CO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

4273058510

SBA Office Code

0507

Processing Method

PPS

Curent Loan Amount

$310,630

Date Loan was Approved

Feb 25, 2021

Amount Forgiven

$313,546.47

Date Loan was Forgiven

Feb 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

310,627

Lender

Enterprise Bank & Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

332312

Borrower Location

Sauget, IL

Project Location

Sauget, IL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.