PPP Loan information for Rico industries inc.

$1,222,233

Rico industries inc. was initially approved for PPP Loan of amount $1,222,233, the current approved amount is $1,222,233. The loan was approved on 01/27/2021 by The CIBC Bank USA reported 143 jobs and $1,222,233 was used to fund payroll.

Rico industries inc. is Existing or more than 2 years old

PPP Loan Search / IL / Niles / Rico industries inc.

RICO INDUSTRIES INC.

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RICO INDUSTRIES INC.

Borrower Address

7000 N Austin Ave

Borrower City

Niles

Borrower State

IL

Borrower Zip

60714-4602

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1222233.03

Current Approval Amount

1222233.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

COOK

Project State

IL

Project Zip

60714-4602

CD

IL-05

Jobs Reported

143

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1222229.03

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1230336.60

Forgiveness Date

10/06/2021

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