Rac Adjustments Inc.
$542,610 PPP Loan in Cherry Valley, Illinois
Loan Details
- Loan Number
- 1788878308
- Date Approved
- Jan 19, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $542,610
- Current Approval
- $542,610
- Forgiveness Amount
- $545,775
- Forgiveness Date
- Aug 27, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Rac Adjustments Inc.
- Address
- 1740 S Bell School Rd
- City
- Cherry Valley
- State
- Illinois
- ZIP Code
- 61016-9388
- Business Type
- Corporation
- Industry (NAICS)
- Finance and Insurance (524291)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $18.5M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $542,608
- Utilities
- $1
Lender Information
- Servicing Lender
- Northwest Bank of Rockford
- Originating Lender
- Northwest Bank of Rockford
Other PPP Loans in Cherry Valley, IL
| Business | Approved | |
|---|---|---|
| Ipsen, Inc. | $3,446,406 | |
| Ringland-Johnson, Inc. | $2,034,300 | |
| Ipsen Inc. | $2,000,000 | |
| Ringland Johnson INC | $1,983,738 | |
| Ceroni Piping Co | $1,925,000 |
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