PPP Loan information for Rae products & chemicals corp.

$129,672

Rae products & chemicals corp. was initially approved for PPP Loan of amount $129,600, the current approved amount is $129,672. The loan was approved on 04/05/2020 by The Old Plank Trail Community Bank, National Association reported 13 jobs and $129,672 was used to fund payroll.

Rae products & chemicals corp. is Existing or more than 2 years old

PPP Loan Search / IL / ALSIP / Rae products & chemicals corp.

RAE PRODUCTS & CHEMICALS CORP.

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAE PRODUCTS & CHEMICALS CORP.

Borrower Address

11638 S. Mayfield Ave.

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-6010

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129600.00

Current Approval Amount

129672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-6010

CD

IL-06

Jobs Reported

13

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16209.00

Payroll Proceed

97254.00

Mortgage Interest Proceed

0.00

Rent Proceed

16209.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131206.45

Forgiveness Date

06/16/2021

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