PPP Loan information for Rahco rubber, inc.

$1,028,295

Rahco rubber, inc. was initially approved for PPP Loan of amount $1,360,432, the current approved amount is $1,028,295. The loan was approved on 04/13/2020 by The First American Bank reported 102 jobs and $1,028,295 was used to fund payroll.

Rahco rubber, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Rahco rubber, inc.

RAHCO RUBBER, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAHCO RUBBER, INC.

Borrower Address

1633 Birchwood Avenue

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60018

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1360432.33

Current Approval Amount

1028295.13

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60018-0501

CD

IL-08

Jobs Reported

102

NAICS Code

326299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1028295.13

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

Subchapter S Corporation

Originating Lender Location Id

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1040120.52

Forgiveness Date

06/16/2021

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