R Midwest, Inc.

$377,000 PPP Loan in Marengo, Illinois

Loan Details

Loan Number
2321817208
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$377,000
Current Approval
$377,000
Forgiveness Amount
$381,534
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R Midwest, Inc.
Address
12016 Coon Creek Rd
ZIP Code
60152
Business Type
Tenant in Common
Industry (NAICS)
Other Services (except Public Administration) (811191)
Franchise
Jiffy Lube
Business Age
Unanswered
Jobs Reported
90
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$282,750
Rent
$94,250

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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