Rail Exchange Inc.

$656,538 PPP Loan in Chicago Heights, Illinois

Loan Details

Loan Number
3419928303
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$656,538
Current Approval
$656,538
Forgiveness Amount
$665,273
Forgiveness Date
May 27, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rail Exchange Inc.
Address
1150 State St
ZIP Code
60411-3700
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.3M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$656,538

Lender Information

Servicing Lender
Beverly Bank & Trust Company, National Association
Originating Lender
Beverly Bank & Trust Company, National Association

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