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
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

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