Reliable Label, Inc. DBA Reed-Rite Inc.

$310,457 PPP Loan in Downers Grove, Illinois

Loan Details

Loan Number
1916987708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$310,457
Current Approval
$310,457
Forgiveness Amount
$312,266
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Reliable Label, Inc. DBA Reed-Rite Inc.
Address
1427 Centre Cir
ZIP Code
60515
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$18.8M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$248,366
Rent
$30,000
Utilities
$16,000
Health Care
$16,091

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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