PPP Loan information for Racine railroad products inc.

$804,155

Racine railroad products inc. was initially approved for PPP Loan of amount $804,155, the current approved amount is $804,155. The loan was approved on 01/23/2021 by The Johnson Bank reported 55 jobs and $804,155 was used to fund payroll.

Racine railroad products inc. is Existing or more than 2 years old

PPP Loan Search / WI / Racine / Racine railroad products inc.

RACINE RAILROAD PRODUCTS INC.

Date Approved

01/23/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

RACINE RAILROAD PRODUCTS INC.

Borrower Address

1955 Norwood Ct

Borrower City

Racine

Borrower State

WI

Borrower Zip

53403-3875

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

804155.00

Current Approval Amount

804155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Racine

Project County Name

RACINE

Project State

WI

Project Zip

53403-3875

CD

WI-01

Jobs Reported

55

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

804155.00

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

Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

810323.86

Forgiveness Date

11/03/2021

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