PPP Loan information for Rahn equipment company - raa6123

$76,922

Rahn equipment company - raa6123 was initially approved for PPP Loan of amount $76,922, the current approved amount is $76,922. The loan was approved on 02/09/2021 by The Busey Bank reported 8 jobs and $76,922 was used to fund payroll.

Rahn equipment company - raa6123 is Existing or more than 2 years old

PPP Loan Search / IL / Danville / Rahn equipment company - raa6123

RAHN EQUIPMENT COMPANY - RAA6123

Date Approved

02/09/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RAHN EQUIPMENT COMPANY - RAA6123

Borrower Address

2400 Georgetown Rd

Borrower City

Danville

Borrower State

IL

Borrower Zip

61832-8425

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76922.00

Current Approval Amount

76922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

VERMILION

Project State

IL

Project Zip

61832-8425

CD

IL-02

Jobs Reported

8

NAICS Code

333120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76920.00

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

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77396.18

Forgiveness Date

09/27/2021

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