PPP Loan information for National railway equipment co

$6,073,000

National railway equipment co was initially approved for PPP Loan of amount $6,444,900, the current approved amount is $6,073,000. The loan was approved on 04/03/2020 by The Community First Bank of the Heartland reported 494 jobs and $6,073,000 was used to fund payroll.

National railway equipment co is Existing or more than 2 years old

NATIONAL RAILWAY EQUIPMENT CO

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NATIONAL RAILWAY EQUIPMENT CO

Borrower Address

1100 SHAWNEE ST

Borrower City

MOUNT VERNON

Borrower State

IL

Borrower Zip

62864-5454

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6444900.00

Current Approval Amount

6073000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22874

Servicing Lender Name

Community First Bank of the Heartland

Servicing Lender Address

117 N 10th St

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IL

Servicing Lender Zip

62864-4018

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

JEFFERSON

Project State

IL

Project Zip

62864-5454

CD

IL-12

Jobs Reported

494

NAICS Code

488210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6073000.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

22874

Originating Lender

Community First Bank of the Heartland

Originating Lender City

MOUNT VERNON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6143851.67

Forgiveness Date

06/11/2021

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