Raisor Motor Company

$84,100 PPP Loan in Morton, Illinois

Loan Details

Loan Number
3971797102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$84,100
Current Approval
$84,100
Forgiveness Amount
$85,088
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raisor Motor Company
Address
307 S Main St
City
Morton
ZIP Code
61550-1936
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$84,100

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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