Racine Railroad Products, Inc.

$771,550 PPP Loan in Racine, Wisconsin

Loan Details

Loan Number
1883887106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$771,550
Current Approval
$771,550
Forgiveness Amount
$776,877
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Racine Railroad Products, Inc.
Address
1955 Norwood Ct
City
Racine
ZIP Code
53403-3875
Business Type
Corporation
Industry (NAICS)
Manufacturing (336510)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$578,713
Utilities
$96,419
Mortgage Interest
$96,419

Lender Information

Servicing Lender
Johnson Bank
Originating Lender
Johnson Bank

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