Rusco Manufacturing INC

$387,000 PPP Loan in Machesney Park, Illinois

Loan Details

Loan Number
3685898310
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$387,000
Current Approval
$387,000
Forgiveness Amount
$389,999
Forgiveness Date
Nov 5, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rusco Manufacturing INC
Address
1304 Anvil Rd
ZIP Code
61115-1409
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$386,996
Utilities
$1

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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