PPP Loan information for Rendel's, inc.

$689,282

Rendel's, inc. was initially approved for PPP Loan of amount $689,282, the current approved amount is $689,282. The loan was approved on 04/09/2020 by The Midland States Bank reported 44 jobs and $689,282 was used to fund payroll.

Rendel's, inc. is Existing or more than 2 years old

RENDEL'S, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RENDEL'S, INC.

Borrower Address

40 Mills Rd

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60433-2727

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

689282.00

Current Approval Amount

689282.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60433-2727

CD

IL-14

Jobs Reported

44

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9282.00

Payroll Proceed

680000.00

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

695778.25

Forgiveness Date

03/25/2021

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