Rai Concrete Inc.
$543,800 PPP Loan in West Chicago, Illinois
Loan Details
- Loan Number
- 2799197701
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $543,800
- Current Approval
- $543,800
- Forgiveness Amount
- $552,134
- Forgiveness Date
- Nov 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rai Concrete Inc.
- Address
- 1827 Blackhawk Dr
- City
- West Chicago
- State
- Illinois
- ZIP Code
- 60185
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $8.5M
- Rural/Urban
- Urban
- Congressional District
- IL-03
Loan Use Breakdown
- Payroll
- $457,000
- Rent
- $7,100
- Utilities
- $1,700
- Health Care
- $75,000
- Debt Interest
- $3,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in West Chicago, IL
| Business | Approved | |
|---|---|---|
| Source One Staffing INC | $3,522,497 |  Research |
| Concrete Structures of the Midwest, INC | $2,927,000 | Research |
| Blachford Enterprises, Inc. | $2,749,100 | Research |
| Contract Flooring Service Company, Inc. | $2,423,900 | Research |
| Chicago Master Movers LLC | $2,329,915 | Research |
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