Rag's Electric, Inc.

$429,818 PPP Loan in Woodridge, Illinois

Loan Details

Loan Number
1446567106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$429,818
Current Approval
$429,818
Forgiveness Amount
$432,915
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rag's Electric, Inc.
Address
6805 Hobson Valley Dr
ZIP Code
60517-1407
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$429,818

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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